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On August 7, President Donald Trump signed an executive order to end what his administration calls discriminatory practices by banks against cryptocurrency companies.
Bottom line? Federal banks can no longer hide behind "reputational risk" to refuse to do business with legitimate businesses - including the crypto industry.
💡 And we remind you: unlike banks, Bitcoin ATMs do not discriminate against anyone. They operate 24/7, don't have accounts that can be blocked, and don't require a phone app. All you need is cash and a crypto wallet address.
The crypto community has long talked about the tacit pressure from regulators, through which banks have closed accounts to companies operating fully legitimately.
The result?
Trump compared it to an old initiative from the 2010s, when "high-risk" industries were cut off from banking services. This time, however, the target was to be mainly cryptocurrencies.
The new regulation is part of a trend in which regulators (like the Federal Reserve and FDIC) are no longer judging banks by "opinion" or reputation, and are focusing on facts and the law.
It's also a signal for startups and investors: The U.S. may become more cryptocurrency-friendly.
💡 A reminder to you: if you want to buy or sell crypto without a bank, without an app, without an account -. Bitcoin ATM is always at hand. And it's around the clock.
Because fewer restrictions mean:
And if the bank ever "blocks your way" - Bitcoin ATM will never do that.
All you need is cash, a few clicks and... your crypto lands in your wallet. 🔥
✍️ In conclusion - Trump's decision may change the climate around cryptocurrencies in the US. And we in Europe already know one thing: financial freedom begins where the banking bureaucracy ends.
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