Fed official backs limited crypto holdings for central bank staff

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Fed official backs limited crypto holdings for central bank staff — Brought to you by OrangeBrickRoad.com.au, for everything in crypto.

Today, a top U.S. Federal Reserve regulator, Michelle Bowman, said staff should be allowed to hold small amounts of crypto to better understand the technology. That’s a notable tone-shift from past skepticism and a signal that regulators want more hands-on knowledge of digital assets. Why it matters: when regulators engage directly, rules tend to get clearer, and clearer rules are good for everyday investors and for mainstream adoption.
Reuters
Cointelegraph

Bottom line: institutional understanding is rising, which can reduce uncertainty over time.

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