Trump Clears Path for Crypto with New Executive Order

• Lyla Velez
• August 6, 2025
• Policy
• 0 Comments

Trump’s executive order aims to penalize banks that limit services to Bitcoin businesses, potentially altering the crypto market landscape.

Trump recently confirmed intentions to sign an executive order. The order plans to fine banks that discriminate against digital assets and politically targeted businesses. Trump voiced concerns over limited banking services affecting crypto enterprises. The executive order’s enforcement may involve federal financial regulators and the Justice Department. Federal agencies will investigate banks for potential violations of the Equal Credit Opportunity Act.

Financial markets may experience shifts as banks potentially increase support for digital asset transactions. Trump’s action increases institutional access to crypto, significantly impacting Bitcoin and related currencies. Potential benefits include enhanced bank capital flow into crypto markets and improved access for Bitcoin businesses. Experts predict increased market liquidity and enhanced technology use in the banking sector with expanded crypto operations.

Insights suggest that Trump’s move could facilitate expanded institutional investment in digital assets. By enforcing fairer banking practices, the crypto sector anticipates increased legitimacy and growth. On-chain activities may rise as operational hurdles are reduced. Historical parallels with operations targeting risky industries hint at significant sector changes.

“They discriminated against many conservatives,” referencing bank account closures affecting himself and others.