Trump Ends Banking Discrimination Against Crypto Businesses

President Donald Trump signed an executive order aimed at curbing discriminatory practices by federal regulators against businesses in the cryptocurrency sector. This action, effective August 7, 2025, will require regulatory agencies to review past actions that impacted diverse business activities and enact change within 120 days. The order aims to ensure fair access for crypto companies, impacting exchanges, stablecoin providers, and banking policies. The order, spearheaded by President Trump and Congressman Andy Barr, seeks to codify the directive in Congressional law. This could lead to significant shifts in how banks interact with the cryptocurrency industry.