Trump Signs Executive Orders on Crypto Debanking and Retirement Portfolios
President Donald J. Trump has signed two executive orders with significant implications for the cryptocurrency sector. The first targets crypto debanking, prohibiting financial institutions from denying services based on lawful business activities. This move aims to prevent another Operation Choke Point scenario, restoring access for previously debanked entities.
The second order permits cryptocurrencies to be included in retirement plans such as 401(k)s and pensions. Both measures are expected to accelerate institutional adoption of digital assets, signaling growing mainstream acceptance.