Federal Reserve Vice Chair for Supervision Michelle Bowman suggested easing the ban on cryptocurrency ownership for regulator employees. She stated at a conference in Wyoming that allowing small investments would help staff better understand the principles of digital assets and simplify the recruitment of specialists with the necessary skills.
According to her, it is important for regulators not to 'stand still,' but to build a reliable system of rules that takes into account both the risks and benefits of blockchain. Otherwise, new technologies may bypass the traditional banking sector altogether.
