Trump Pushes Executive Order to Shield Crypto Firms from Banking Bans
#CryptoFreedom #TrumpOrder #OperationChokepoint2 #Salma6422 #BinanceSquare
🏛️ “Crypto companies are part of America’s future — not the enemy.” – Donald Trump
In a major political shakeup for the crypto industry, former President Donald Trump is reportedly preparing an executive order that would prohibit banks from denying services to crypto firms based on political bias.
This move directly targets what critics have dubbed “Operation Chokepoint 2.0” — a shadow campaign where traditional banks allegedly blacklisted crypto startups, exchanges, and even blockchain developers.
🧨 Why This Matters
⚠️ Over 30 crypto founders were reportedly denied basic banking services during the Biden era
❌ Key crypto-friendly banks — like Silvergate and Signature Bank — were shut down or pressured
✅ Trump’s order could force JPMorgan, Citigroup, and Wells Fargo to reverse crypto bans
This marks the strongest pro-crypto stance yet from any U.S. presidential candidate.
🔎 Inside the Executive Order
Would prohibit discrimination against businesses in “politically sensitive” sectors
Includes crypto, gun manufacturing, energy, and blockchain
Requires banking regulators to report bias-based account closures
💥 The order may also override anti-crypto policies from the Fed, FDIC, and OCC — changing the regulatory game.
🗳️ Timing & Impact
Trump can't appoint a new Fed chair until Jan 2026, so this is a pre-emptive power move
Crypto firms may see restored access to banking in red states immediately if the order is signed
Could trigger massive capital inflow into U.S. crypto startups again
🧠 Final Word
“Crypto doesn’t need a savior — but it definitely needs a fair system.”
If Trump follows through, this could be a defining moment in the crypto vs. traditional finance war.