Federal Reserve Vice Chair Recommends Allowing Staff to Hold Small Amounts of Cryptocurrency
According to ChainCatcher, citing Jinshi News, Federal Reserve Vice Chair for Supervision, Michelle Bowman, has suggested that Fed staff should be allowed to hold small amounts of crypto assets, believing this would help them better oversee financial markets. She stated that easing investment restrictions for employees could assist in recruiting and retaining professional bank examiners, emphasizing that “there is no substitute for hands-on experience.” Bowman made these remarks at a cryptocurrency conference in Wyoming, but did not disclose specific amounts or types of holdings.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Yunfeng Financial donates HK$10 million to support Hong Kong fire rescue efforts
Data: A trader opened a BTC long position worth $84.19 million on Hyperliquid
Trending news
MoreData: BTC options expiration of 143,000 contracts with a max pain point at $98,000; ETH options expiration of 572,000 contracts with a max pain point at $3,400.
Qian Fenglei, Chairman of Hengfeng International Group, donates HK$12 million to urgently support the fire rescue at Hong Fook Court in Tai Po.
