# Executive Order 14405 directs regulators to reduce barriers for fintech and digital-asset firms

> The President directed federal financial regulators to review rules, guidance, supervision, and application processes for innovation barriers and requested a Federal Reserve review of payment-account access for covered nonbanks and uninsured institutions.

- URL: https://riadefi.com/regulation/2026-05-19-executive-order-14405-fintech-regulatory-integration/
- Posture: Official signal · nonbinding
- Authorities: President of the United States; Federal financial regulators
- Event date: 2026-05-19
- Version: 1, published 2026-08-07 (first published 2026-08-07)
- Advisor-relevant: no

This entry records an official signal, such as a speech or a statement. It does not change the law.

## What changed

The President directed federal financial regulators to review rules, guidance, supervision, and application processes for innovation barriers and requested a Federal Reserve review of payment-account access for covered nonbanks and uninsured institutions. The order sets process and policy direction but does not grant any firm a charter, master account, license, or exemption.

## Who it affects

- Federal financial regulators
- Fintech and digital-asset firms, banks, payment providers, advisers, and custodians

## What is still open

- Agency review results, implementing actions, and Federal Reserve conclusions
- Legal and risk conditions for any expanded payment-system access

## What it means for an advisor

- Track agency follow-through rather than changing counterparties based on the order alone
- Continue verifying licensure, account access, custody, settlement, insurance, and operational resilience of each provider

## Previous interpretation

No comparable current executive order required this cross-regulator fintech review and payment-access evaluation.

## Sources

1. [Integrating Financial Technology Innovation into Regulatory Frameworks](https://www.whitehouse.gov/presidential-actions/2026/05/integrating-financial-technology-innovation-into-regulatory-frameworks/) · President of the United States · 2026-05-19


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Published by Ketju Research on RIADeFi (https://riadefi.com). Educational research for financial professionals; not investment, legal, tax, or compliance advice.