<ul><li>Michelle Bowman was confirmed as Fed Vice Chair with a 48–46 vote, a significant development for the digital asset industry.</li><li>Bowman's new position gives her direct influence over how the Federal Reserve regulates banks, financial institutions, and emerging technologies such as cryptocurrencies.</li><li>Senator Cynthia Lummis praised Bowman's confirmation, stating it signifies a turning point for crypto oversight with a focus on evidence-based regulation.</li><li>As Vice Chair for Supervision, Bowman will impact banking policies related to digital assets, crypto financial products, and institutional involvement in blockchain technology, potentially leading to a more constructive regulatory approach.</li></ul>

Michelle Bowman Confirmed as Fed Vice Chair, Boosting Digital Asset Outlook

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