Trump's Bitcoin and Cryptocurrency Endorsement is Now Public!
In a significant move for the cryptocurrency industry, President Donald Trump recently issued two Executive Orders aimed at ending the unfair treatment of crypto companies by banks. The orders, titled "Guaranteeing Fair Banking for All Americans" and the GENIUS Act, establish a federal regulatory framework for stablecoins and promote the integration of digital assets into the U.S. financial system.
The "Guaranteeing Fair Banking for All Americans" Executive Order, signed on August 7, 2025, targets the practice of "debanking," where financial institutions close accounts of crypto firms under regulatory pressure. The Order directs federal banking regulators to take measures to prevent debanking and develop comprehensive strategies to combat it.
Key details of this Order include:
- A prohibition of debanking based on political or religious beliefs.
- Timelines for action, with banking regulators identifying banks that have engaged in debanking and taking remedial actions within 120 days, and federal regulators developing strategies to combat debanking within 180 days.
- A focus on cryptocurrency and digital assets, aligning with broader administration efforts to modernize bank regulation for digital assets and promote a predictable regulatory framework.
The GENIUS Act, signed into law on July 18, 2025, further promotes digital assets' integration into the U.S. financial system and enables the inclusion of digital assets in American retirement savings plans.
The new policy represents a significant shift from the previous, more skeptical stance of the authorities towards cryptocurrencies. It could potentially open up the crypto market to billions of dollars in investment capital from popular 401(k) retirement plans.
The Bitcoin Direct ETP and Ethereum Direct ETP from NxtAssets provide a simple solution for investing in Bitcoin or Ethereum without the need for a wallet, making investments as simple as buying a stock. Notably, the publisher Boerse-Medien AG, which has a direct stake in the issuer of these ETPs, could potentially benefit from the potential price development resulting from these developments.
The cryptocurrency industry is likely to celebrate these decisions as a major victory in the fight for regulatory acceptance and broader adoption. Banks could face increased scrutiny for citing potential negative publicity as a reason to avoid working with the crypto industry.
These financial instruments, Bitcoin (ISIN: CRYPT0000BTC) and Ethereum, could potentially benefit from the potential price development resulting from the publication. However, it's important to note that the publication mentions a potential conflict of interest for the publisher Boerse-Medien AG.
In summary, President Trump's recent Executive Orders and legislation introduce an ongoing federal effort to guarantee fair banking access for all Americans, ensure crypto companies can openly operate within the banking system without fear of politicized exclusion, and enable digital assets to be incorporated into retirement savings and other financial products. This could potentially make billions of dollars in investment capital available to the crypto market, marking a significant political tailwind for Bitcoin, Ethereum, and other cryptocurrencies.
The Guaranteeing Fair Banking for All Americans Executive Order, signed on August 7, 2025, encourages the integration of digital assets into the U.S. financial system by preventing debanking of crypto firms, promoting technology solutions like the Bitcoin Direct ETP and Ethereum Direct ETP from NxtAssets for investing in cryptocurrencies. The GENIUS Act, signed into law on July 18, 2025, facilitates the inclusion of digital assets in American retirement savings plans, thereby opening up the crypto market to significant investing opportunities in finance.
