Trump Criticizes Debanking, Signals Potential Crypto Policy Shift
Former President Donald Trump has sharply criticized the practice of debanking, framing it as a threat to financial freedom and business operations. His remarks carry implicit significance for cryptocurrency firms, which have long complained about banking access challenges.
Trump's critique focused on regulatory overreach rather than bank policies. "Those people are very bad and very dangerous," he told Decrypt, referring to federal regulators influencing banking decisions. The comments mirror crypto industry grievances about being systematically excluded from traditional financial services.
The political dimension emerged clearly as TRUMP revealed his own experiences with debanking, suggesting financial institutions act under regulatory pressure rather than legitimate risk assessments. This narrative aligns with crypto advocates' claims of being unfairly targeted.