NEW from Nic Carter: Reactions to Trump’s Debanking Executive Order Last week, the White House unveiled an executive order to end the wave of politically motivated debanking we saw in the Biden era. By now, we have clear evidence that crypto firms were systematically denied banking services between late 2022 and Trump’s second inauguration. This was Operation Choke Point 2.0, Biden’s quiet effort to ban crypto, which Trump has thankfully dismantled. Now, Trump is taking banks even further to task. In his latest for Pirate Wires, @nic__carter explains what the executive order fixes (and what it doesn’t). It mandates banks reinstate clients they’ve dropped for political reasons… however: • Politically motivated debanking is very hard to prove, and; • A better fix would focus on the real culprit: unaccountable regulators. These regulators are operating in secrecy, and if they knew their comms would later be exposed, political debanking would drop. This EO is a strong opening move. But if we want to confine political debanking to the dustbin of history, we’ll need new legislation. Read Nic’s full breakdown, and why the fight against debanking is far from over, threaded below 👇