Fed Chair Jerome Powell Discusses Leveraging an Ethereum-Based Libor Replacement

Fed Chair Jerome Powell Discusses Leveraging an Ethereum-Based mostly Libor Alternative

The Federal Reserve’s Chair, Jerome Powell has hinted at utilizing an Ethereum-based curiosity reference fee in a transition from the London Interbank Provided Charge (Libor). Powell additionally detailed in a letter to Senator Tom Cotton (R-AR), that the Ethereum model of Libor, a software program referred to as “Ameribor” is probably not for everybody. The …

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