Scott Melker: Trump orders review of crypto firms' access to U.S. Fed payment services

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Daria Chernytska

20.05.2026

Scott Melker: Trump orders review of crypto firms' access to U.S. Fed payment services — Trump orders review of crypto firm access

Scott Melker, owner and content creator, reports that U.S. President Donald Trump has ordered the Federal Reserve, the Treasury, and U.S. regulators to review cryptocurrency firms' access to U.S. Federal Reserve payment accounts and related services.

This move indicates increased attention on how crypto companies interact with traditional financial infrastructure in the U.S.

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Melker has previously reported on technology-related disruptions in the sector, noting that a Coinbase outage on May 7 was caused by AWS failures in the U.S. East region. He also highlighted increased Wall Street attention to Bitcoin during a live market discussion. These developments come as scrutiny around the interaction between traditional finance and crypto firms continues to grow.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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