Fed warns banks could become irrelevant if they ignore blockchain adoption now

Federal Reserve Vice Chair for Supervision Michelle Bowman has called for banks to embrace blockchain technology or risk losing relevance. At the Wyoming Blockchain Symposium on Aug. 19, Bowman emphasized that regulators and banks must adopt a more proactive approach to the crypto industry source: https://cryptoslate.com/fed-warns-banks-could-become-irrelevant-if-they-ignore-blockchain-adoption-now/