# Fed Official Says Staff Should Be Allowed to Hold Crypto

*Author: Bankless*
*Published: Aug 20, 2025*
*Source: https://www.bankless.com/read/fed-official-says-staff-should-be-able-to-hold-crypto*

---

Federal Reserve Vice Chair for Supervision Michelle Bowman [said Tuesday](https://www.federalreserve.gov/newsevents/speech/bowman20250819a.htm) that central bank staff should be permitted to hold small amounts of crypto, a suggestion that could mark a shift in how the Fed approaches digital assets internally.

### What’s the Scoop?
- **Proposal:** Bowman said allowing Fed employees to hold “de minimis” amounts of crypto could help regulators gain practical understanding of the technology.
- **Tech Potential:** She highlighted tokenization’s ability to reduce friction in asset transfers, cut costs, and broaden capital market access.
- **Legal Evolution:** Bowman argued that regulatory frameworks need to evolve in step with blockchain adoption to avoid the U.S. being left behind. Legal experts say her remarks reflect a move from caution toward curiosity.