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ARTICLE · 20 MAY 2026

Crypto Brief - May 21, 2026

Lowenstein Sandler LLP
Lowenstein Sandler LLP
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Lowenstein Sandler LLP

Lowenstein Sandler LLP

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Federal regulators face new directives to review crypto access to payment systems, while lawmakers advance tax reform for digital assets and states chart divergent paths on custody authorization and CBDC restrictions. International regulators in the UK and EU simultaneously unveil frameworks for tokenization and stablecoin oversight as the global regulatory landscape undergoes rapid transformation.

United StatesFinance and Banking
Ethan L. Silver
Ethan L. Silver
William Brannan
William Brannan

Lowenstein Crypto advises leading digital asset and cryptocurrency projects, exchanges, and trading firms. Our practice covers regulatory advice, transactions and structuring advice, investigations, and adversarial matters including commercial disputes, bankruptcy, and related litigation. As these markets continue their rapid growth and market participants continue to evolve and mature their businesses, we are providing this weekly digest as a resource that highlights and summarizes a selection of key recent legal regulatory developments.

Trump Orders Federal Reserve To Review Crypto and Fintech Access to Payment Rails

On May 19, President Donald Trump signed an executive order titled “Integrating Financial Technology Innovation into Regulatory Frameworks,” directing federal financial regulators to identify within three months any rules or supervisory practices that “unduly impede fintech firms from entering into partnerships with federally regulated institutions” and within six

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