Fed seeks input on limited payment accounts after Trump order

Cointelegraph•Thursday, May 21, 2026 at 11:54:16 AM

NeutralCryptocurrency

Fed seeks input on limited payment accounts after Trump order

What Happened
The US Federal Reserve has proposed a limited “skinny” payment account framework aimed at fintech and crypto firms, while also calling for a temporary pause on Tier 3 applications. This move follows an order from former President Trump and reflects ongoing regulatory considerations in the evolving financial technology landscape.
Why It Matters
This development is significant as it indicates the Federal Reserve's intent to shape the regulatory environment for digital payment solutions, potentially impacting how fintech and crypto firms operate and innovate in the market.

— via World Pulse Now AI Editorial System

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