President Trump has signed a new order to stop “debanking,” which is when banks refuse to give services to certain people or businesses.

The order tells government agencies to check if banks or credit unions have blocked customers because of their political views, religion, or work in areas like cryptocurrency.

This follows complaints from conservatives and the crypto industry that banks have unfairly cut them off, often using vague “reputation risk” reasons. Officials will now investigate if this breaks any laws, like the Equal Credit Opportunity Act or consumer protection rules.

This move is part of several recent crypto actions by Trump, including:

•Creating a Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile using seized crypto.

•Letting people add cryptocurrencies to 401(k) retirement plans.

•Supporting U.S. leadership in crypto and tech while banning a central bank digital currency (CBDC).

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