Trump Order Dey Restrict Crypto Debanking and Bank Discrimination
President Trump go sign one executive order before August 8, 2025 wey go direct US financial regulators make dem investigate crypto debanking plus how banks dey discriminate digital-asset companies and conservative groups under Equal Credit Opportunity Act, antitrust and consumer protection laws. The order go target banks and payment processors wey close crypto accounts or refuse services for political reasons or supposed AML risks, with punishment wey fit be fines or dem fit report am go Justice Department. By reversing Biden’s Operation Chokepoint 2.0, the move dey try restore banking access for crypto platforms, improve liquidity, reduce operational risks and boost market confidence. Traders suppose see am as one correct catalyst wey fit improve stable banking relationships and support crypto market trading activities.
Bullish
Dis executive order dey try remove unfair banking practice wey dey affect crypto firms by enforcing the Equal Credit Opportunity Act plus other related laws. For short term, traders fit see better access to banking services, e go make fiat on-ramps smooth, reduce withdrawal delay and make market liquidity increase. This one fit drive more trading volume plus positive sentiment. For long term, clear regulatory support fit make institutional players join and infrastructure grow, e go still help stabilize market and support upward price trend. Historical response to regulatory clarity for crypto don dey positive, e dey reinforce bullish outlook.