President Trump is reportedly preparing to sign an executive order targeting financial institutions that engage in debanking, according to a Bloomberg report citing a senior White House official. Debanking, the practice of restricting access to banking services, has historically affected cryptocurrency companies and other entities perceived as high-risk. This move follows allegations of "Operation Choke Point 2.0" under the Biden administration, a supposed effort to pressure the cryptocurrency industry by limiting their access to traditional banking systems. The executive order aims to identify and penalize financial institutions involved in these practices, potentially safeguarding access to financial services for legitimate businesses and individuals facing politically motivated or otherwise unfair debanking. The exact details and scope of the order are still emerging. ```