Trump Orders Fed to Review Crypto Firm Access to Payment Rails Within 120 Days

According to The Block, on Tuesday, President Trump signed an executive order directing the Federal Reserve to evaluate its policies on granting crypto firms direct access to Fed payment rails. The order, titled "Integrating financial technology innovation into regulatory frameworks," instructs the Fed to submit a comprehensive report within 120 days on options for extending access to fintech and crypto companies. Master accounts would enable crypto firms to connect directly to core U.S. payment systems without relying on intermediary banks.
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