Cynthia Lummis views Michelle Bowman’s confirmation as beneficial for cryptocurrency policies, seeing it as a crucial turning point for digital assets in the financial landscape.
As vice chair for supervision, Bowman will oversee regulations affecting digital assets and has emphasized the importance of evidence-based regulations over political biases.
The Federal Reserve’s approach to cryptocurrency regulation may shift positively with Bowman’s influence, reflecting optimism for the broader crypto market.
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