Trump Orders Fed to Review Crypto Access to U.S. Payment Rails
Trump signed an executive order directing the Federal Reserve to dismantle barriers excluding crypto firms from U.S. payment systems. The order requires regulators to audit rules within three months and act within six months. Kraken already gained limited payment access via Kansas City Fed approval, signaling potential industry breakthrough. This could reshape crypto's integration into traditional finance.
Coins in this story
Explore how ETF is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories
South Korean funeral company reveals $33 million loss on leveraged ether ETF bet
South Korean funeral company Bumo Sarang disclosed a $33 million unrealized loss from leveraged ether ETF investments, specifically the T-REX 2X Long BMNR Daily Target ETF targeting 200% daily performance. The loss reflects growing South Korean appetite for high-risk crypto trading products and broader crypto market volatility. Leveraged ETFs amplify both gains and losses, making them extremely risky for retail investors.
Fireblocks launches agentic payment support, joins x402 Foundation
If even a fraction of the more than 1 billion people who use AI daily delegate authority to AI agents for online spending, stablecoin adoption would grow substantially, a Fireblocks executive said....