Executive Actions Tracker

This executive order directs the heads of the Federal financial regulators (the CFPB, SEC, NCUA, CFTC, FDIC, and OCC) to review, within 90 days, regulations, guidance, supervisory practices, and application processes that impede fintech firms from partnering with federally regulated institutions or obtaining charters, insurance, and other Federal authorizations, and to take steps within 180 days to encourage innovation based on that review. It also requests the Federal Reserve Board to evaluate access to Reserve Bank payment accounts and services for uninsured depository institutions and non-bank financial companies, submit a report to the President within 120 days, and, where permitted by law, establish application procedures with determinations within 90 days of application.

Clients in Fintech · Blockchain Technology and Digital Assets · Consumer Financial Services

This EO directs the Secretary of the Treasury shall establish an office to administer and maintain control of custodial accounts collectively known as the “Strategic Bitcoin Reserve,” capitalized with all BTC held by the Department of the Treasury that was finally forfeited as part of criminal or civil asset forfeiture proceedings or in satisfaction of any civil money penalty imposed by any executive department or agency (agency) and that is not needed to satisfy requirements under 31 U.S.C. 9705 or released pursuant to subsection (d) of this section (Government BTC) Further, the Secretary of the Treasury shall establish an office to administer and maintain control of custodial accounts collectively known as the “United States Digital Asset Stockpile,” The Secretary of the Treasury and the Secretary of Commerce shall develop strategies for acquiring additional Government BTC.

Clients in Blockchain Technology and Digital Assets · Fintech

This EO rescinds EO 14067 and directs the Secretary of Treasury to take appropriate actions consistent with this new EO regarding the digital sector. Further, the President's Working Group on Digital Asset Markets is established, to be chaired by the Special Advisor for AI and Crypto. The Working Group is responsible for analyzing the digital sector and making recommendations.

Clients in Blockchain Technology and Digital Assets · Fintech