By Neil Roland ( May 21, 2026, 19:48 GMT | Insight) -- President Trump issued an executive order instructing federal banking regulators to ease financial technology firms’ partnerships with banks and permit integration of digital assets into traditional financial services. “It is therefore the policy of the United States to streamline regulatory processes, reduce unnecessary barriers to entry, and encourage collaboration between fintech firms, federally regulated financial institutions, and Federal financial regulators,” the order said. In response, Fed historian Peter Conti-Brown, a Wharton professor, penned a blog post titled “Banks Should Be Worried.”President Donald Trump issued an executive order Wednesday instructing federal banking regulators to ease financial technology firms’ partnerships with banks and permit integration of digital assets into traditional financial services....
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