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Libor – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Fri, 05 Jun 2020 21:45:24 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Libor – DIGIT INFO https://www.digit.info 32 32 Fed Chair Jerome Powell Discusses Leveraging an Ethereum-Based Libor Replacement https://www.digit.info/fed-chair-jerome-powell-discusses-leveraging-an-ethereum-based-libor-replacement/ Fri, 05 Jun 2020 21:45:24 +0000 https://www.digit.info/2020/06/05/fed-chair-jerome-powell-discusses-leveraging-an-ethereum-based-libor-replacement/ Read more]]>

The Federal Reserve’s Chair, Jerome Powell has hinted at using an Ethereum-based interest reference rate in a transition from the London Interbank Offered Rate (Libor). Powell also detailed in a letter to Senator Tom Cotton (R-AR), that the Ethereum version of Libor, a software called “Ameribor” may not be for everyone. The United States Federal […]

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