Fed Chairman Powell Backs Ethereum [ETH] Based System Over LIBOR

In a recent statement, the Federal Reserve Chairman, Jerome Powell, declared his support towards AMBERIBOR, which utilizes the Ethereum blockchain, as an alternative to LIBOR. Ethereum Based AMERIBOR Vs LIBOR Cryptocurrencies have existed for more than a decade now. However, last year has been quite significant for the industry as it welcomed several big companies