Fed Official Says “Ski or Die” – Crypto Ban Lifted? 😱💰

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So, picture this: Vice Chair for Supervision Michelle Bowman (basically the Fed’s cool aunt) drops a truth bomb in Wyoming 🏔️. Her hot take? Regulators are basically clueless about blockchain if their staff can’t even own a single Doge. 🐶 “It’s like trying to judge a wine competition while being a teetotaler,” she probably didn’t say, but should have. 🍷

Back in 2022, the Fed went full helicopter parent and banned employees (and their poor families) from owning crypto. Why? Because some bigwigs got caught with their hands in the stock market cookie jar during the pandemic. 🍪🤦‍♀️

Now, Bowman’s like, “Guys, chill. This ban is making us look like Luddites and scaring away the cool kids who actually know how crypto works.” She’s basically arguing that letting staff dip their toes into the crypto pool will give them street cred-er, practical knowledge-about wallets, transfers, and all that jazz. 💼🚀

Her bigger point? Regulators need to stop being the grumpy grandpa yelling at the cloud ☁️ and start embracing fintech. “Innovation’s coming whether you like it or not,” she warned, probably while sipping a latte made by a blockchain-enabled barista. ☕

Meanwhile, Washington’s vibe has shifted faster than a meme stock. Under Trump, crypto’s gone from “what’s that?” to “let’s investigate why banks are being mean to it.” 🕵️‍♂️ The Fed even ditched a Biden-era program that was basically a blockchain hall monitor. 📏

Bowman’s mic-drop moment? “You can’t understand skiing without putting on skis.” 🏂 Yes, Michelle, we get it. You’re the Fed’s version of a cool ski instructor. But will her boss let her hit the slopes? Stay tuned. ⛷️

Disclaimer: This article is for laughs and info only. Don’t take financial advice from us-we’re still trying to figure out how to Venmo. 💸 Always do your own research and consult a pro before diving into the crypto abyss. 🌌

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2025-08-20 15:42