CoinVoice has recently learned that, according to Jinshi reports, Federal Reserve Governor Bowman stated that banks and regulators must embrace the benefits of new technologies such as artificial intelligence and cryptocurrency, or their role in the economy may be undermined. She pointed out that regulators should ideally allow new uses to surge in a way that benefits the banking system and called on the industry to help regulators better understand the potential of blockchain and digital assets. Bowman also hinted that new rules may be formulated to reduce regulatory scrutiny related to reputational risk. [Original link]