In brief

• U.S. President Donald J. Trump signed an executive order Tuesday directing federal financial regulators to review and update rules for integrating digital assets and fintech into traditional financial services.
• Federal regulators have 90 days to identify regulations that impede fintech partnerships with federally regulated institutions, followed by 180 days to encourage innovation based on findings.
• The Federal Reserve must evaluate within 120 days whether it has legal authority to grant non-bank financial companies, including digital asset firms, direct access to Federal Reserve payment accounts.