U.S. Fed Embraces Blockchain: New Regulatory Framework for Crypto

The U.S. Federal Reserve (Fed) has shifted its stance on cryptocurrency, removing ‘reputational risk’ as a barrier to banks serving crypto businesses. At the Wyoming Blockchain Symposium, Vice Chair for Supervision Michelle Bowman outlined a new regulatory framework for digital assets that prioritizes collaboration and clarity over fear of disruption. The Fed is committed to embracing blockchain innovation rather than resisting it, with new policies ensuring clear pathways for the industry.