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Trump’s Executive Orders Mark A ‘Historic Shift,’ Blockchain Association CEO Summer Mersinger Says

2025-08-07 22:49:32

Trump’s Executive Orders Mark A ‘Historic Shift,’ Blockchain Association CEO Summer Mersinger Says

Main Idea

Blockchain Association CEO Summer Mersinger praises President Trump's executive orders allowing crypto in 401(k) plans and penalizing 'debanking,' calling them a historic shift for financial inclusion.

Key Points

1. Trump signed two executive orders: one permitting crypto and alternative assets in 401(k) plans, and another penalizing banks for 'debanking' based on ideological reasons.

2. Mersinger described the orders as ending the discriminatory practice of debanking lawful crypto companies and marking the end of using 'reputation risk' for financial exclusion.

3. The 401(k) order is seen as a step toward mainstream adoption of digital assets in the U.S.

4. Trump has been actively reshaping U.S. financial policy, including appointing crypto-friendly officials like Paul Atkins to lead the SEC.

5. The Federal Housing Finance Agency (FHFA) Director Bill's recent actions align with Trump's broader push to reform the financial system.

Description

Blockchain Association CEO Summer Mersinger praised U.S. President Donald Trump’s newly signed executive orders on Thursday, calling them “a historic shift in how the U.S. treats digital assets and the innovators building in this space.” Summer Mersinger Praises New Executive Orders On August 7, Trump signed two executive orders: one permitting crypto and other alternative assets in 401(k) plans, and another penalizing banks for “debanking”—or denying customer service based on ideological reason...

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