[Federal Reserve Governor Bowman: Ensuring the Banking System's Ability to Support Digital Asset-Related Activities] Odaily Planet Daily News - The Block reporter Sarah Wynn posted on the X platform that Federal Reserve Governor Bowman delivered testimony at the U.S. Senate Committee on Banking, Housing, and Urban Affairs hearing. It is reported that the Federal Reserve is advancing the GENIUS project and plans to 'clarify the handling of digital assets to ensure the banking system's ability to support digital asset-related activities.' Bowman emphasized: 'As a regulator, my responsibility is to encourage innovation responsibly while continuously enhancing supervisory capabilities to address the safety and stability risks that innovation may bring.'