#TrumpCrypto #TrumpNFT #Trump2024 In the context of the crypto market and blockchain technology as of early 2026, "discrimination" is a major topic that covers three distinct areas: technical barriers, workplace equality, and "debanking."
1. Financial "Debanking" and Political Discrimination
One of the most intense debates in 2025 and 2026 has been the "debanking" of crypto-related businesses and individuals.
Governmental Pressure: Many crypto firms have faced sudden account closures by traditional banks. While banks often cite "risk management," recent reports (like the 2026 Cato Institute analysis) suggest much of this is driven by informal regulatory pressure to "choke off" the industry.
Political Targeting: The Trump administration issued an executive order in late 2025 specifically targeting banks that allegedly discriminate against conservative organizations and crypto companies, framing access to the financial system as a matter of civil rights.
2. Algorithmic and Technical Discrimination
As blockchain becomes more integrated with AI and automated finance, new technical "biases" have emerged:
Algorithmic Bias: Blockchain analytics platforms used for "know your customer" (KYC) checks sometimes utilize algorithms that can lead to technological overtrust. This can result in certain groups being flagged or denied access based on flawed data patterns.
Barriers to Entry: Despite the "banking the unbanked" promise, high transaction fees (gas) and the requirement for high-end hardware/internet access create a "digital divide," effectively discriminating against lower-income users in the Global South.
3. Industry Workplace Equality
The crypto industry itself faces ongoing scrutiny regarding its internal culture:
Gender and Diversity Gap: Lawsuits in early 2026, such as those against major venture capital firms, have alleged systemic gender and disability discrimination. Reports indicate that non-male employees still represent less than 10% of senior leadership in many top-tier crypto funds.
Meritocracy vs. Inclusion: There is a tension between the "code is law"