Trump Orders Fed to Review Crypto Access to U.S. Payment Rails

President Donald Trump has signed an executive order titled "Integrating Financial Technology Innovation into Regulatory Frameworks," compelling the Federal Reserve and other financial regulators to identify and reduce barriers preventing crypto and fintech companies from accessing U.S. payment rails. The directive requires agencies to audit existing rules within three months and take action within six months. A key focus is the Fed's "master account" system, which currently limits direct payment access to traditional depository institutions. By forcing the Fed to clarify its framework and regional bank authority, the order seeks to accelerate the integration of crypto infrastructure into the sovereign financial system, despite opposition from traditional banking groups concerned about regulatory parity.

(Source：Bitcoin Magazine)