Ending Debanking? Digital Asset Summit in Focus

Now that the US Strategic Crypto Reserve is a reality, many wonder what Trump’s administration has next in store for crypto. The crypto reserve already signals a strong commitment to integrating digital assets into national financial policy, but it’s unlikely the current US government will stop there.

Given President Trump’s past statements about wanting the US to be the crypto capital of the world, some of the upcoming steps could include bridging traditional finance with decentralized technologies or just reasserting US leadership in crypto.

There have been rumors ahead of Trump’s speech today at the Digital Asset Summit (DAS) in New York, namely that he’s about to sign another executive order regarding crypto – mainly, the one that would end crypto debanking.

What Exactly Is “Crypto Debanking”?

For those unfamiliar with the term, crypto debanking refers to the process by which traditional financial institutions decide to stop or limit their services to cryptocurrency businesses and users. This is primarily done due to concerns about regulatory compliance, anti-money laundering (AML) measures, and the perceived risks associated with digital asset transactions.

If Trump actually signs the rumored executive order, this would improve access to traditional financial services for crypto businesses. Furthermore, other countries could follow, which would give a boost to the crypto industry overall. While this is just speculation right now, it’s not completely out of the blue, as President Trump did mention back in January that he was considering doing something along these lines.

What Other Crypto Policies Might Be There?

Crypto debanking seems to be the next most likely crypto policy for the current administration, but in the future, there might be even more. There are no official statements, but taking into consideration how things have been going since Trump’s inauguration, we might see some new crypto developments.

This is pure conjecture, but for instance, akin to Strategic Crypto Reserve, there may be a dedicated fund that invests in emerging blockchain technologies and crypto startups or even integration of blockchain solutions into federal and state government operations.

Whatever happens, it looks like the Trump administration is making a strong push for crypto, and depending on what will be said at today’s Digital Asset Summit, we could be seeing some brand new policies rolled out very soon.