Fed’s Crypto Ban for Staff Could Crumble, Says Top Regulator

The Federal Reserve’s own ban on crypto for its employees is being challenged from within.

In a surprising move, the Fed’s top cop, Michelle Bowman, has called for staff to be allowed to buy crypto—not to get rich, but to get smart.

Arguing that textbooks aren’t enough, Bowman stated that hands-on experience is critical for understanding the assets the Fed is now forced to regulate.

This call to action directly confronts the strict rules implemented just two years ago in the wake of a trading scandal, setting the stage for a internal debate over ethics versus expertise in the digital age.