Trump Orders US Government to Integrate Crypto Into Traditional Finance and Payment Systems
President Trump signed an executive order on May 20 directing federal financial regulators to update regulations and integrate digital assets into traditional finance and payment systems. The order aims to reduce regulatory barriers for fintech firms and support the seamless integration of crypto into the US financial infrastructure.
The directive calls on regulators to review existing rules, guidance, and licensing processes that may limit innovation or restrict partnerships between fintech companies and federally regulated institutions. A major focus is digital assets and blockchain‑based services.
The Federal Reserve is asked to evaluate whether non‑bank financial companies, including digital asset firms, can directly access Fed payment accounts and payment services. This is a significant shift because access to Fed payment rails has traditionally been limited to banks.
Regulators have 90 days to identify barriers and propose changes. The Federal Reserve has 120 days to deliver its findings and recommendations to the White House.
The executive order follows recent momentum on crypto regulation, including the CLARITY Act advancing out of the Senate Banking Committee. It signals that the Trump administration is serious about making the US a crypto‑friendly jurisdiction and integrating blockchain technology into the core of the financial system.
For crypto firms, this could mean direct access to Fed payment systems, easier banking partnerships, and reduced regulatory uncertainty. For the broader market, it adds a powerful tailwind for adoption.
Start Here if You're New to Crypto
Frequently Asked Questions
1. What does Trump’s executive order do?
It orders federal regulators to review and update rules that block fintech and crypto firms from integrating with traditional finance, including potential direct access to Fed payment accounts.
2. What is the timeline?
Regulators report in 90 days; the Federal Reserve has 120 days to deliver findings.
Related Articles
ALGO jumps 8% as Robinhood adds trading for US users, including NY. Cardano’s Cheeky Crypto says “they lied” – 4,000% tr
BREAKING: The SEC is preparing an "innovation exemption" for blockchain‑based tokenized stock trading. Digital versions
BTC holds above 81K as retail exits at the fastest rate in 2 years. Humanity Protocol (H) and Venice Token (VVV) lead to
heeky Crypto says Hedera doubters are done. Teleport (AirAsia) moved logistics to mainnet – real enterprise revenue, not