Trump Signs Executive Order to Review Fintech Innovation Barriers
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US President Donald Trump signs executive order to review barriers to fintech innovation and access to banking partnerships and payment rails.
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US President Donald Trump signed an executive order on Tuesday to review any barriers that might be stifling fintech innovation or preventing access to banking partnerships and payment rails.
The order directs the Federal Reserve Board to evaluate the legal, regulatory and policy framework governing fintech and crypto firms' access to Federal Reserve payment systems and submit a report to Trump within 120 days.
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