A key figure at the Wyoming Blockchain Symposium, Fed Governor Bowman urged banks to embrace innovation and adapt to digital financial systems rather than clinging to outdated practices. She emphasized that regulators are working on policies to open up access to digital banking and allow blockchain adoption without unnecessary barriers, advocating for a shift away from cautious approaches. The focus is on tokenization’s potential to streamline asset transfers, broaden access to capital markets, and stablecoins as a tool to strengthen payment systems under clear regulations. Bowman also acknowledged the power of AI in fraud detection, risk management, and customer service, but cautioned against blind optimism, urging for balanced regulatory oversight. Finally, she called for collaboration between banks, regulators, and technology developers, highlighting that success in U.S. finance will rely on embracing digital innovation rather than resisting it.