Recently, there have been reports that the President of the United States is preparing an important executive order aimed at addressing the "de-banking" issue faced by Financial Institutions regarding specific groups and industries. This initiative primarily targets clients who have been denied service by banks due to their political stance or the nature of their business, particularly those in the Crypto Assets industry and dissenters.

The core objective of this executive order is to terminate the differential treatment of customers by Financial Institutions based on ideology. It will require regulators to conduct a comprehensive review of whether banks have violated regulations such as the Equal Credit Opportunity Act, antitrust laws, and the Consumer Financial Protection Act. Although the draft order does not specifically name any Financial Institutions, its impact is expected to cover the entire banking industry.

The phenomenon of "de-banking" has become increasingly prominent in recent years, referring to the practice of Financial Institutions cutting off financial services to certain enterprises or individuals solely based on business attributes or political tendencies, without clear evidence of wrongdoing. This practice is particularly common in the Crypto Assets industry, provoking strong dissatisfaction among industry insiders, who view it as a form of a disguised "suffocation action".

In addition to calling for a reassessment of relevant policies, this executive order will also instruct the U.S. Small Business Administration to reevaluate its loan partners' review standards. This initiative is expected to provide fairer financial service opportunities for businesses and individuals marginalized by the traditional financial system.

Although the specific signing date of the executive order has not yet been determined, it is reported that it may be implemented in the near future. However, considering the complexity of political and administrative factors, the final implementation details may still be subject to adjustment.

This potential policy change has sparked widespread attention in both the financial and technology sectors. Supporters argue that it will help maintain financial fairness and promote the development of innovative industries. Critics, on the other hand, worry that it could impact the rights of banks to operate independently and may even bring about new regulatory challenges.

In any case, the introduction of this executive order is likely to have a profound impact on the financial ecosystem in the United States, especially in emerging areas such as Crypto Assets. It not only reflects the government's emphasis on financial inclusion but also highlights the complex challenge of balancing innovation, regulation, and fairness in the digital economy era.