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Featured AnalysisPrimary topicMacroeconomy

Trump signs orders for federal review of rules to let fintech and crypto access Fed payment services

May 20, 20266:40 AMNewsroom AI

U.S. President Donald Trump signed an executive order directing federal agencies to review and update regulations that the administration says constrain fintech and digital asset firms, with the stated aim of enabling those companies to gain access to the U.S. financial system [1] [2] [3].

The order specifically instructs the Federal Reserve to review whether fintech and crypto firms should receive direct access to the central bank’s payment infrastructure — including master account rules that determine entry to Fed services — as part of a broader financial-technology policy push [4] [3].

Multiple outlets characterized the actions as two significant executive orders affecting banking and digital assets, noting the measures direct agencies to consider regulatory changes rather than immediately granting new access or altering laws [2] [1].

The orders initiate a government review process; any changes to bank access, Fed master account rules, or other regulations will depend on follow-up actions by the Federal Reserve and federal agencies named in the orders [4] [1].

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