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The White House Targets “Debanking”?

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The White House Targets “Debanking”?

While browsing the web for something valuable for our readers, I stumbled upon a serious source with quite a hot topic. Here’s a quick adaptation

💥 The Trump administration is drafting an executive order that would prohibit banks from denying services to crypto companies, small businesses, religious and conservative groups based on ideological reasons. Violators may face fines, investigations, and internal policy reviews.

What does it mean:

  • The DOJ and financial regulators will examine every case of service denial.
  • Banks will be required to revise their rejection policies.
  • Small businesses will receive support through the SBA.

Experts are already calling it the biggest crypto catalyst since BTC-ETF approval.
If signed, the order could force banks to open their doors to crypto firms, potentially unleashing a new wave of institutional capital into the space.

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