Trump Executive Order Calls for Fed Review of Fintech Access to Payment Systems
U.S. President Donald Trump signed an executive order urging the Federal Reserve and regulators to review rules that may hinder financial innovation, including expanding fintech access to payment systems. The directive highlights growing interest in allowing non-bank firms like crypto exchanges Kraken, Ripple, Anchorage Digital, and Wise access to Fed master accounts.
Topics: executive order Federal Reserve fintech access payment rails