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Trump Administration Accelerates Crypto-Banking Convergence
Trump Administration Accelerates Crypto-Banking Convergence
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The early days of Donald Trump’s second presidential term have witnessed an unprecedented erosion of barriers between cryptocurrency firms and traditional financial institutions. Major US banks are now actively pursuing crypto service licenses, emboldened by the president’s pledge to establish the nation as the "crypto capital of the world."
Regulatory rollbacks from key financial watchdogs—including the Federal Reserve, SEC, and OCC—have created fertile ground for institutional crypto adoption. The administration has simultaneously streamlined access to federal banking charters for crypto-native businesses, signaling a fundamental shift in Washington’s posture toward digital assets.
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