President Donald Trump could sign an executive order as soon as this week to probe anti-crypto bias among banks.

Bitcoin steadies above $115K as White House prepares executive order punishing banks for debanking crypto firms and conservatives, WSJ reports.

A cryptocurrency working group formed by President Donald Trump on Wednesday outlined the administration's stances on market-defining crypto legislation and called on the U.S. securities regulator to create new rules specific to digital assets.

The White House's executive order aims to tackle Operation Chokepoint 3.0, restricting banks from making politically driven decisions.

The President's Work Group on Digital Assets released a report calling for changes to the central bank's master account policies. The reforms could make it easier for digital asset groups to access the federal payments system.

The report on the government's crypto plans doesn't offer a ton of surprises, mostly echoing familiar policy work, and it's got nothing new on the crypto stockpiles.

President Donald Trump on Tuesday said he believes that banks, including JPMorgan and Bank of America , discriminate against him and his supporters, as he prepares to act against banks for allegedly dropping customers for political reasons.

President Trump said banks have turned him away and revived allegations of discrimination against his supporters by large banks while previewing a new executive order to punish those companies. The president was asked in an interview with CNBC on Tuesday about The Wall Street Journal’s reporting on a new executive order,