- Trump wants crypto rules updated for traditional finance.
- Fed payment access may expand for crypto firms.
- The move could boost regulated crypto adoption.
Trump Crypto Regulations Target Payment Access
President Donald Trump has ordered U.S. financial regulators to review rules that may be slowing crypto’s entry into traditional finance and payment systems. The order asks the Federal Reserve and other agencies to look again at how fintech and crypto-linked firms can access payment services.
A key focus is access to Federal Reserve payment accounts, often called master accounts. These accounts can allow approved firms to move money more directly through official payment rails, instead of relying only on partner banks.
