US financial institutions frequently close encryption company accounts, and the Trump administration plans to intervene.

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[Coin World] According to reports, Unicoin CEO Alex Konanykhin revealed that despite the Trump administration's supportive stance on encryption, American financial institutions such as Citibank and JPMorgan are still closing crypto business accounts without reason. This year, Unicoin and its subsidiaries have had services terminated by four banks, including Wells Fargo, Florida National Bank, and Dominion Bank. The Trump administration plans to sign an executive order requiring federal banking regulators to review such practices. Industry experts point out that substantial changes will require specific regulatory guidelines to be issued, and currently, banks still maintain a risk-averse attitude toward encryption businesses.

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DefiPlaybookvip
· 08-10 12:30
The probability of institutional accounts being banned is as high as 82.7%, and the risk aversion period is returning.
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MetaverseVagrantvip
· 08-10 12:29
They are all big institutions playing dirty.
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TokenCreatorOPvip
· 08-10 12:27
Finally made it to the White House doorstep.
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WagmiWarriorvip
· 08-10 12:25
Playing the old tricks again.
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Layer2Observervip
· 08-10 12:12
We still need to see the implementation of regulatory details; the theorists are observing.
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