Trump Directs Federal Reserve to Assess Crypto Company Access to Payment System Within 120 Days

According to ChainCatcher, Trump signed an executive order on Tuesday directing the Federal Reserve to assess granting crypto and fintech companies direct access to the Federal Reserve's payment system. The order requires the Fed to submit a report to the President within 120 days and instructs it to clarify whether the 12 Federal Reserve banks have independent legal authority to grant or deny such access.
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