🆕 JUST IN:🇺🇸 Trump Bans Ideological Debanking, Crypto Included
📢 President Trump signed an executive order today to clamp down on banks that deny services based on political, religious, or industry bias, including crypto firms.
Regulators are now directed to strip “reputational risk” language from bank guidelines and examine whether any customers have been unfairly edged out. Cases will be referred to the Department of Justice within 120 days.
This move is expected to open doors for previously sidelined groups and fintech players — particularly in digital assets, by removing a longstanding gray area in banking discretion.