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President Donald Trump signed two executive orders Thursday aimed at integrating digital assets into mainstream finance, according to Benzinga. One order asks the Department of Labor to review its crypto guidance for 401(k)s and urges the SEC and Treasury to consider retail crypto access through accredited investor channels. The second order bans federal agencies from citing “reputational risk” to justify denying banking services to crypto firms, a practice critics call “Operation Choke Point 2.0.” Trump’s administration is promoting digital assets as key to financial innovation and investor choice, in contrast to Biden-era concerns over crypto’s speculative risks in retirement plans.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Donald Trump signed two executive orders Thursday aimed at integrating digital
00:05assets into mainstream finance, according to Benzinga. One order asked the Department of
00:09Labor to review its crypto guidance for 401ks and urges the SEC and Treasury to consider retail
00:15crypto access through accredited investor channels. The second order bans federal
00:19agencies from citing reputational risk just by denying banking services to crypto firms.
00:24Practice critics call Operation Chokepoint 2.0. Trump's administration is promoting digital
00:28assets as key to financial innovation and investor choice. Contrast to Biden-era concerns
00:33over crypto speculative risks in retirement. For all things money, visit Benzinga.com.

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