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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
President Trump issued an executive order requesting the Federal Reserve and financial regulators to evaluate allowing crypto-linked firms to obtain 'master accounts' and access federal payment services. The order aims to integrate digital asset firms, including the likes of Ripple and Coinbase, into the traditional financial system, potentially ending long-standing legal battles over central bank access. According to reports, the move is designed to modernize core payment infrastructure by reducing reliance on intermediary banking institutions.
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Sign InThis policy shift comes amid significant momentum for crypto equities, with Coinbase (COIN) shares reflecting strong performance over the recent quarter driven by regulatory optimism, per market data. Industry experts from major institutions like JPMorgan have noted that direct access to the Fed could drastically lower operational costs for fintechs, marking a pivotal change in U.S. monetary policy regarding digital assets (Search: Analyst Reports May 2026).
In the markets, COIN was trading at key levels as of the close on May 21, 2026. Investors are now closely watching upcoming catalysts in the economic calendar, specifically speeches from Fed officials Bowman and Williams, for clues on the implementation timeline. Additionally, U.S. Retail Sales and Jobless Claims data will be critical in determining broader market sentiment for the fintech sector in the coming days.