PANews reported on May 22 that US President Trump recently signed two executive orders. The first, "Restoring the Integrity of the US Financial System," will strictly investigate tax evasion and off-book payroll for non-US citizens. As a result, banks will significantly upgrade their KYC (Know Your Customer) risk control measures for non-US individuals, and non-US cryptocurrency investors will face stricter scrutiny and the risk of having their fiat currency deposits and withdrawals frozen. The second, "Integrating Financial Technology Innovation into the Regulatory Framework," gives a green light to cryptocurrency and fintech institutions, requiring the Federal Reserve to assess policies that allow cryptocurrency banks and non-bank digital asset companies direct access to the Federal Reserve's clearing accounts and payment tracks. Overall, the regulatory logic presents a pattern of "strict control over individual identities, but liberalization of industry institutions."