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Federal Reserve Governor Calls For Regulators To Embrace Crypto

by admin August 20, 2025

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Federal Reserve (Fed) Governor Michelle Bowman is urging US regulators to abandon their “overly cautious mind-set” regarding cryptocurrencies, blockchain technology, and artificial intelligence (AI).

Speaking at the Wyoming Blockchain Symposium, Bowman emphasized the need for a proactive approach to adapt to emerging technologies, marking a departure from the more conservative stance of previous regulatory bodies.

Bowman Advocates For Flexible Oversight

Bowman, who was nominated to the Federal Reserve Board by President Donald Trump in 2018 and appointed as Vice Chair for Supervision earlier this year, stated, “Despite this past inertia, change is coming.”

She underscored the importance of choosing to embrace this change and creating a regulatory framework that is both reliable and efficient. “We must ensure safety and soundness while incorporating the benefits of speed and efficiency,” she asserted.

The choice is clear from a regulator’s perspective: we can either stand still and let new technology bypass the traditional banking system or help shape its future.

A key topic in her address was the recently passed GENIUS Act, which regulates stablecoins. This legislation, signed into law by President Trump, has positioned stablecoins at the forefront of discussions about the future of the financial system.

According to Bowman, dollar-pegged cryptocurrencies have the potential to disrupt traditional payment infrastructures while offering new opportunities for the banking sector.

In addition to discussing stablecoin regulation, Bowman revealed that she is working on plans to adjust banks’ regulatory commitments according to their size and complexity.

Fed’s Discontinuation Of Crypto Oversight Program

The Federal Reserve also disclosed last week the discontinuation of its “novel activities” supervision program, which was designed to monitor banks’ interactions with the cryptocurrency and fintech sectors.

This program, launched in 2023, faced criticism for imposing significant restrictions on banks engaging with digital assets. The Fed has determined that such specialized oversight is no longer necessary, citing an improved understanding of the risks involved and how banks can effectively manage these challenges.

As reported by Bitcoinist, the central bank’s move is part of a broader effort to align with President Donald Trump’s vision of making America the “crypto capital of the world.”

By incorporating digital asset oversight into its conventional bank supervision framework, the Federal Reserve aims to foster an environment that supports innovation in the financial sector.

Speculation about Bowman’s future role has also emerged, with her name mentioned as a potential successor to current Fed Chair Jerome Powell when his term concludes in May 2026. However, during a recent Bloomberg interview, she deflected questions about her aspirations for that position.

Governor Bowman’s remarks and the regulatory changes she advocates reflect a pivotal moment for the US financial landscape, as regulators seek to balance innovation with the need for safety and stability in the banking system.

The daily chart shows the total crypto market cap at $3.76 trillion. Source: TOTAL on TradingView.com

Featured image from DALL-E, chart from TradingView.com

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August 20, 2025 0 comments

Gaming Gear

The path to Agentic AI: overcoming complexity to embrace the autonomous enterprise

by admin June 24, 2025

The future of enterprise AI isn’t just about insights – it’s about a monumental evolution of how businesses buy and sell in the global economy.

AI agents are poised to take automation beyond any capabilities that we’ve witnessed to date, shifting from AI tools that assist decision-making to independently thinking entities that augment execution at scale.

Deloitte predicts that by 2027, half of all companies will use GenAI to launch agentic AI pilots or proofs of concept, marking a significant transformation in how businesses operate.

Challenges on the Path to Agentic Adoption

While agentic AI holds immense promise, organizations must first overcome multiple hurdles. Case in point: Another recent survey found that more than 85 percent of enterprises will require upgrades to their existing technology stack in order to deploy AI agents. Most businesses are still in the early stages of AI adoption, and scaling agentic workflows from initial investments to drive enterprise-wide ROI remains a major challenge.

The road to agentic AI requires rethinking IT infrastructure, ensuring seamless and quality data integration, addressing security and compliance risks, and fostering organizational trust in autonomous solutions – all while ensuring the right guardrails are in place. Without a well-defined strategy, companies risk inefficiencies, implementation barriers, reputational risk, and missed opportunities to harness AI’s full potential.

Complexity in Scaling

Agents individually aren’t enough. They can’t be deployed in isolation and need to work in coordination across systems to execute complex multi-step processes – manifesting as agentic workflows. Unlike monolithic systems with predictable interactions, an agentic workflow orchestrates a network of AI agents to solve intricate and layered problems autonomously with machine-scale analysis and human in the loop decision making.

Businesses need advanced orchestration frameworks capable of managing these complex interactions, ensuring robust error handling and maintaining workflow continuity across teams. Developing a clear roadmap will be critical in helping organizations deploy and scale AI agents effectively.

Accountability and Governance

With multiple agentic workflows operating independently yet collaboratively, ensuring accountability is a major challenge. Without a well-defined governance model, businesses risk a lack of oversight, which can lead to noncompliance, financial discrepancies, and reduced trust in AI-driven processes. Agents need to understand the rules of business that humans follow – rules that are defined by legal frameworks, ethical practices, and captured in contracts between customers, suppliers, and partners.

By “gut checking” decisions against contractual terms before taking action and ensuring clear audit trails are in place across the business, agentic decision-making becomes transparent and traceable, and far less likely to result in unnecessary liability.

Ensuring Data and Privacy

In any enterprise system, it’s critical for organizations to handle sensitive information responsibly and securely. Before deploying agentic workflows, ensure that data is clean and structured so sensitive information may be used by multiple agents simultaneously without exposure.

This applies to bank account details that are necessary for supplier payments, employee personal information, and contract data, as prime examples. Businesses should also establish secure data pipelines and continuous compliance measures to mitigate risks while enabling AI agents to function effectively and responsibly.

Trust and Change Management

Adopting agentic workflows requires more than just technical capability – it demands cultural change. Many organizations struggle with trusting AI agents due to concerns about reliability, accuracy, bias, ethical implications, and lack of transparency.

In fact, a recent study revealed data output quality and security and privacy concerns are among the top 10 barriers to AI adoption. Resistance to change within organizations, combined with a lack of understanding of how AI agents work, can create obstacles.

For businesses to fully embrace agentic AI, increase AI literacy and awareness around how AI agents operate with internal training and a top-down call to action driven by leadership. Emphasizing security protocols and privacy protections will also help to build confidence.

The First Step Toward an Autonomous Enterprise

So where can businesses realize immediate value from AI agents and agentic workflows?

AI agents are only as good as the data they train on. If enterprises want to drive profitability and capture returns from their AI strategy, they should start by looking at the data that drives the flow of commerce. Commercial agreements and the critical data they contain are foundational to how enterprises buy and sell, while also providing the compliance constraints agents need to do their jobs well without adding layers of risk.

The path to agentic AI is not a straight line. Yet by strategically addressing challenges, businesses can unlock new levels of intelligence and operational efficiency to embrace their future as an autonomous enterprise.

We list the best performance management software.

This article was produced as part of TechRadarPro’s Expert Insights channel where we feature the best and brightest minds in the technology industry today. The views expressed here are those of the author and are not necessarily those of TechRadarPro or Future plc. If you are interested in contributing find out more here: https://www.techradar.com/news/submit-your-story-to-techradar-pro

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June 24, 2025 0 comments

Crypto Trends

JPMorgan Files Trademark for Digital Asset Platform as Wall Street’s Crypto Embrace Continues

by admin June 16, 2025

Global banking giant JPMorgan Chase has filed a trademark application for a new crypto-focused platform branded as JPMD, signaling that the bank is pushing deeper into digital assets.

According to the application filed on Sunday to the U.S. Trademark and Patent Office, JPMD will offer services such as “providing trading, exchange, transfer, and payment services for digital assets” and “issuance of digital assets.”

The bank’s moves come as traditional financial institutions consider stablecoin issuance and asset managers issue crypto investment products and explore asset tokenization.

JPMorgan CEO Jamie Dimon, who has long criticized cryptocurrencies, said last month the bank will allow its clients to buy bitcoin

. The bank recently added BTC ETFs for loan collateral for customers, and was also mentioned among the U.S. banks that reportedly held discussions about launching a stablecoin.

JPMorgan operates a private blockchain payments network Kynexis that processes more than $2 billion in daily transaction volume.

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June 16, 2025 0 comments

GameFi Guides

Circle’s ‘Moon Landing Moment’ to Accelerate Wall Street’s Stablecoin Embrace: Analysts

by admin June 5, 2025

In brief

Circle’s stock was halted twice on the New York Stock Exchange as shares surged on Thursday.
The performance validated Wall Street’s growing embrace of stablecoins, analysts said.
Circle’s IPO positions the firm ahead of Wall Street incumbents, one analyst added.

Circle’s stock price soared on Thursday alongside the stablecoin issuer’s debut on the New York Stock Exchange, capturing Wall Street’s growing embrace of digital dollars, according to analysts.

As a $250 billion industry, stablecoins may not be a large part of the financial system today, but Circle’s initial public offering shows that Wall Street investors are looking toward the years ahead, Gerry O’Shea, head of global market insights at asset manager Hashdex, told Decrypt.

“It’s a recognition that this industry is going to be a very important part of the U.S. capital markets going forward,” he said. “I think we’re just seeing this steady drum beat of the crypto businesses becoming more entwined, something that I think is going to continue.”

Although the New York-based firm targeted a $6.9 billion valuation, the company was worth over $18 billion at one point, as its stock price rocketed as high as $103, according to Yahoo Finance. For initial investors, Circle shares were offered at $31 on Thursday morning.

Circle’s USDC stablecoin, which debuted in 2018, has become the second largest stablecoin by market capitalization worth $61 billion, according to crypto data provider CoinGecko. The token is pegged to the price of the U.S. dollar, and Circle derives income from yield-bearing assets backing USDC like U.S. Treasuries.

O’Shea said that Circle’s start on Thursday is likely to “generate a lot of attention,” boosting the profile of stablecoins in the mainstream, beyond legislative initiatives on Capitol Hill.

Lawmakers in the Senate and House of Representatives are crafting legislation that would establish a pathway to legality for firms like Tether and Circle—if eventually signed into law.

“This is going to, I think, take us into the 21st century, in terms of upgrading our payment systems,” Sen. Bill Hagerty (R-TN), who introduced stablecoin legislation earlier this year, said in a Bloomberg interview that he shared on X, formerly Twitter, on Thursday.

Circle’s first day of trading bears all the hallmarks of a “blockbuster,” Juan Leon, a senior investment strategist at asset manager Bitwise, told Decrypt. He noted that the $1.1 billion raised through Circle’s initial public offering places it among the 10 biggest raises this year.

“You don’t see that often,” he said, calling it a “moon landing moment for stablecoins.”

U.S. Treasury Secretary Scott Bessent is among members of Trump’s inner circle backing efforts to regulate stablecoins, calling it a “once-in-a-generation opportunity to expand dollar dominance” by making the greenback available to anyone with an internet connection.

Leon said that Circle’s decision to begin trading publicly before legislation is passed was “a master move” because it puts Wall Street institutions—like Bank of America, which is waiting on legislation to begin offering its stablecoin—behind Circle before staid competitors can crop up.

On top of that, Circle’s IPO gives the company access to public market capital. That source of capital could prove critical, Leon added, if the company wants a new source of cash to “fund its mainstream commercial expansion.”

Edited by James Rubin

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June 5, 2025 0 comments

Game Reviews

Zenless Zone Zero Season 2, Where Clouds Embrace The Dawn, launches next month

by admin May 25, 2025

Zenless Zone Zero Season 2, entitled Where Clouds Embrace The Dawn, will launch on 6th June.

Calling it “a significant update and milestone moment” – the gacha game will also release on the same day for Xbox – HoYoverse teased that in Version 2, players will “embark on a brand-new and exciting journey to Waifei Peninsula, alongside Yixuan from Yunkui Summit”.

“In this expansive update, Proxies will venture into the all-new Waifei Peninsula alongside trusted allies such as Yixuan from Yunkui Summit, revitalize the Suibian Temple nestled within the bustling Failume Heights, and take on more challenging Hollow combat in a more open and spacious environment. To commemorate the game’s first anniversary, Version 2.0 will bring a wide array of celebration rewards including a free S-Rank Agent, a free S-Rank W-Engine, 1,600 Polychromes and 20 Encrypted Master Tapes,” the developer added.

Version 2.0 Teaser “Where Clouds Embrace the Dawn” | Zenless Zone Zero.Watch on YouTube

Following the resolution of the Sacrifice crisis in previous chapters, Season 2 sees Proxies further uncover the hidden secrets of Phaethon and experience new Hollow exploration gameplay that harnesses the forces of Ether.

“The region’s main city Failume Heights thrives near the Lemnian Hollow, renowned for the rare resource Porcelume. It offers distinctive tea houses, pawnshops, and dessert stalls, inviting Proxies to immerse themselves in the local atmosphere,” HoYo added. “Meanwhile, Proxies will take on management of their very own Suibian Temple, upgrade the temple’s facilities and earn in-game rewards by dispatching Bangboos, completing commissions, and collecting resources from the Hollows.”

Several new allies will join the roster: Yixuan, also known as the Grandmaster, will join the combat as an S-Rank Agent, Ju Fufu, the senior disciple of Yunkui Summit, who will debut as an S-Rank Fire Stun Agent, and Pan Yinhu, Yunkui Summit’s A-Rank Physical Defense Agent.

The S-Rank Ether Support Astra Yao and the S-Rank Physical Defense Caesar will return to the Version 2.0 banners.

Players can also expect Hollow Zero: Lost Void to be updated with “new commissions and the possibility to equip multiple Gears to different Agents, adding more strategic options to battles”, plus a brand-new 3D map with enhanced navigation features.

“In Version 2.0, Proxies will be able to enter the cinema in Lumina Square to enjoy movies with different characters during the Gravitational Attraction event and obtain exclusive rewards by completing certain tasks, including an A-Rank W-Engine Reel Projector,” we’re told. “In the Soul of Steel: Golden Bond event, Proxies can pilot sleek mechs into the Hollows, take on a variety of challenges, and earn abundant rewards.”

In March, two voice actors working on Zenless Zone Zero were suddenly recast due to the ongoing SAG-AFTRA strike over AI abuse, and discovered the change alongside the publication of the game’s patch notes. In a statement subsequently shared on social media, the studio said its contracts offer “explicit AI protections, regardless of union status” and it will continue to work on its clients’ projects “in the most human way possible”.

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May 25, 2025 0 comments