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Federal Reserve Endorses Ethereum-Backed Alternative To Libor

Gesara.news » News » Federal Reserve Endorses Ethereum-Backed Alternative To Libor

News Date: June 14, 2020

Jerome Powell, the current Chair of the US Federal Reserve, recently stated that an Ethereum-backed blockchain project operating as a reference rate called AMERIBOR could serve as a potential replacement to LIBOR.
Goldman Sachs-backed crypto finance startup Circle has published the latest third-party audit of its USD-pegged stablecoin, USD Coin (USDC). USD Coin is on the Ethereum blockchain. The execution of issuing and redeeming USDC tokens is ensured with ERC-20 smart contract.
Source: forbes.com
A district court in China has reportedly ruled that Ethereum's cryptocurrency is legal property with economic value.
While cryptocurrency is not legal tender in China, people can hold and transfer them like property.
Source: bitcoin.com

Merry Christmas to our community!

Wishing you a Christmas filled with the warmth of love, the joy of togetherness, and the blessings of peace.
May this festive season bring laughter to your homes, happiness to your hearts, and a renewed sense of hope for the coming year.
Thank you for being part of our community. Your support means the world to us. Here's to celebrating the spirit of love, kindness, and generosity not just today, but throughout the year.
Merry Christmas and abundant blessings to you and your loved ones.

Crop circles are models for generating free energy

One Italian inventor, Umberto Baudo, believes crop circles may be meant to impart secrets of new technology and free energy to humanity.
Source:ancient-code.com

The return of Pluto, US spiritual makeover

Numerology fans, especially those who believe in angel numbers, will know the date in question as it happens on February 22, 2022.
Astrologically, a Pluto return is when the heavenly body returns to the same position in a birth chart where it was when the chart began.
It happens around every 248 years, meaning this is the Pluto return in the United States since the country was founded in 1776.
Pluto will complete a full revolution for the first time since July 4, 1776.
What does the return of Pluto mean? Returning Power Back To the People.
According to the stars, the United States is finally getting a spiritual makeover with its first-ever Pluto Return on Feb. 22, 2022.
It happens around every 248 years, meaning this is the Pluto return in the United States since the country was founded in 1776.
Source: bustle.com

The world awaits the leader of the free world

Senator Gerard Rennick: This election is not over in the states 17 states just sued the other states and we will see who is the leader of the free world come back next year.
Australian Senate awaits the results of the election for the Free World. The world is depending on the US election, on POTUS.
In the Australian Senate Senator Rennick from Queensland keeps his colleagues up to date with the latest lawsuit by 18 states to overturn the American presidential election.
Sources: twitter.com

Forum for Peace, Cooperation and Greater Economic Progress

According to the Akorda press office, President Kassym-Jomart Tokayev will present the Astana International Forum's (AIF) global vision during the plenary session on June 8.
Alongside the forum, Tokayev will hold many bilateral meetings.
The plenary session will be moderated by CNN news anchor Richard Quest, who said it is the centerpiece of this year's AIF.
'Hosted by the President of Kazakhstan, Kassym-Jomart Tokayev, the plenary session will focus on the state of the world today and the way forward toward peace, cooperation, and greater economic progress,' Quest said.

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