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‎#Fed Chair Contender Bowman On Crypto#                                                                       A Vision That Pushes the Boundaries of Tradition: Michelle Bowman’s Bold Stance on Crypto ‎ ‎Michelle Bowman, Vice Chair for Supervision at the U.S. Federal Reserve, made waves in the crypto world with her speech at the Blockchain Symposium in Wyoming. Advocating for Fed personnel to be allowed to hold small amounts of crypto assets, Bowman emphasized that regulation must be shaped through direct experience. ‎"Without experience, oversight falls short"  ‎Bowman stated, “I wouldn’t want someone who’s never skied to teach me how to ski—no matter how many books they’ve read,” underscoring that the best way to understand crypto is through hands-on engagement. Her remarks challenge the longstanding ban on crypto investments by Fed employees, marking one of the first high-level critiques of the policy. ‎The Future of Regulation: A Framework Shaped by Experience  ‎Bowman argued that owning crypto assets is not just about personal education—it’s an opportunity for the Fed to cultivate more capable and informed supervisors. “We must understand and embrace new technologies. Otherwise, the traditional system will lag behind digital transformation,” she said, criticizing regulators’ overly cautious stance. ‎Integrating Blockchain into the Banking System  ‎Bowman also highlighted how technologies like tokenization could streamline ownership transfers and boost efficiency in banking. Her statements signal a potential shift toward a more inclusive and innovative regulatory era for the crypto sector. ‎

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