Trump exec order for crypto to join fintech inside Fed payment rails

President Donald Trump don sign one "crypto executive order" wey direct the U.S. Federal Reserve and federal financial regulators make dem reduce regulatory wahala between crypto/fintech firms and insured deposit institutions. The executive order na focus on payments infrastructure, including possible ways to Fed services wey connect to Fedwire and other central bank payment rails. Within 90 days, SEC, CFTC, OCC and other agency heads must review and simplify rules wey dey slow fintech partnerships with banks, broker-dealers, and investment advisers. At the same time, regulators dey asked to speed up and simplify applications for national bank trust charters and federal insurance for alternative entities. Within 120 days, the Federal Reserve Board go assess how non-bank financial companies and uninsured depository institutions wey dey manage digital assets fit get direct access to Fed payment services, with risk management safeguards. The administration say the move na to curb "Operation Chokepoint 2.0"-style debanking risks, where crypto firms dey rely on intermediaries through Banking-as-a-Service (BaaS). For traders, the main point be say direct Fed payment access fit reduce settlement frictions, lower counterparty and single-bank dependency risks, and improve institutional fiat on/off-ramps—this one fit support crypto payment demand and stablecoin-adjacent settlement activity, but the changes depend on how regulators go implement am.