Trump administration mulls executive order on ‘debanking’ — WSJ

The Trump administration is considering an executive order to prevent banks from cutting services to cryptocurrency companies, amid allegations of politically motivated discrimination.

Reportedly, over 30 cryptocurrency founders have faced service denial from banks during the Biden administration, highlighting potential systematic biases.

Senator Elizabeth Warren openly criticized banking practices, emphasizing the need for fair access to banking services for all, irrespective of political affiliations.

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