• The Trump White House is preparing an Executive Order to punish banks for discrimination
• The move is seen as a major win for crypto firms that have faced “de-banking”
• Binance’s CZ said the upcoming order will “open banking for crypto internationally.”

The Trump administration is preparing a new Executive Order that will reportedly fine banks for discriminating against clients based on their political views, a move Binance co-founder Changpeng Zhao (CZ) is hailing as a major breakthrough for the crypto industry.

Binance co-founder Changpeng Zhao (CZ) has applauded a new Executive Order from U.S. President Donald Trump aimed at enabling the mainstream adoption of crypto. CZ noted that the order, which reportedly fines banks for discriminating against crypto firms, is a major step in allowing global banking institutions to embrace digital assets.

According to the report from The Wall Street Journal, the White House is in the process of drafting the order, and from a tweet from market commentator Paul Barron, a White House official has confirmed on a new soon-to-be signed Executive Order. 

Related: Chokepoint 3.0? a16z Says Big Banks Are Quietly Strangl…

The post Trump White House Preps ‘Choke Point’ Killer; CZ Says It ‘Opens Banking for Crypto’ appeared first on Coin Edition.

• The Trump White House is preparing an Executive Order to punish banks for discrimination
• The move is seen as a major win for crypto firms that have faced “de-banking”
• Binance’s CZ said the upcoming order will “open banking for crypto internationally.”

The Trump administration is preparing a new Executive Order that will reportedly fine banks for discriminating against clients based on their political views, a move Binance co-founder Changpeng Zhao (CZ) is hailing as a major breakthrough for the crypto industry.

Binance co-founder Changpeng Zhao (CZ) has applauded a new Executive Order from U.S. President Donald Trump aimed at enabling the mainstream adoption of crypto. CZ noted that the order, which reportedly fines banks for discriminating against crypto firms, is a major step in allowing global banking institutions to embrace digital assets.

According to the report from The Wall Street Journal, the White House is in the process of drafting the order, and from a tweet from market commentator Paul Barron, a White House official has confirmed on a new soon-to-be signed Executive Order. 

Related: Chokepoint 3.0? a16z Says Big Banks Are Quietly Strangl…

The post Trump White House Preps ‘Choke Point’ Killer; CZ Says It ‘Opens Banking for Crypto’ appeared first on Coin Edition.