Binance CEO calls Trump's crypto banking order a game-changer - here's what it means
Key Points
- New White House executive order could penalize banks for ref...
Banks refusing to work with crypto companies might soon face the financial equivalent of a parking ticket from hell. The White House just dropped an executive order on August 5, 2025, that could force banks to stop ghosting cryptocurrency firms and conservative groups, and Binance founder Changpeng Zhao is practically doing victory laps around his office.
The order essentially tells banks: "Stop pretending crypto doesn't exist, or we'll make your compliance department's life very interesting." After years of banks treating crypto companies like they had a contagious disease, this directive co...
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