Trump ordered the Fed to update regulations integrating digital assets into traditional financial systems.
The Federal Reserve is seeking public input on expanding access to master accounts following an executive order signed by President Trump. The order directs the Fed to review and modernize its regulations to better integrate digital assets into the traditional financial system. Master accounts are held at the Federal Reserve and grant institutions direct access to the central bank's payment infrastructure, a privilege that has historically been difficult for crypto firms to obtain. By opening the review process to public comment, the Fed signals a potential shift in how it treats digital asset companies seeking access to core banking infrastructure. This move could significantly lower barriers for crypto businesses looking to operate within the regulated financial system, and represents one of the most concrete steps yet toward bridging the gap between traditional finance and the digital asset sector under the new administration.
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