Executive Order 14405: Integrating Financial Technology Innovation Into Regulatory Frameworks

What the order contains

Section headings exactly as they appear in the official text.

• Sec. 1. Policy
• Sec. 2. Definitions
• Sec. 3. Streamlining Regulatory Processes
• Sec. 4. Access to Federal Reserve Services
• Sec. 5. General Provisions

Section 1, quoted from the order

Verbatim text from the signed document. These are the words of the document, not SaveYourState’s.

The United States is a global leader in financial innovation, driven in part by the rapid growth of financial technology (fintech) firms. These firms provide innovative services and solutions that enhance access to financial products and services and create economic opportunity for all Americans. To foster this financial innovation, the Federal Government must update regulations to allow integration of digital assets and innovative technology into traditional financial services and payment systems. The Federal Government must also remove overly burdensome and fragmented regulations and supervisory practices that form barriers to entry and primarily benefit incumbent financial services firms. […]