Trump orders government, Fed to review crypto firms' access to payment rails
CoinDesk·
60-second summary
Donald Trump's executive order instructs the Federal Reserve to review how depository institutions can access payment services, a crucial area for the crypto industry. This move could impact crypto firms' ability to offer payment services, potentially affecting their business models.
Donald Trump's executive order asks the Fed to review how depository institutions may be granted access to payment services, an area the crypto industry is deeply involved with.