President Donald Trump signed an executive order Tuesday instructing the Federal Reserve and other regulators to dismantle longstanding barriers that have excluded crypto and fintech firms from the U.S. payment system, escalating a years-long battle over access.

Donald Trump's executive order asks the Fed to review how depository institutions may be granted access to payment services, an area the crypto industry is deeply involved with.

Trump ordered federal regulators to review fintech and digital asset rules tied to banking and payment system access. The order gives agencies 90 days to