The Federal Reserve Bank of St. Louis will now track prices for four crypto-currencies in its research database. This is reported on the bank’s website.
You may also like : BitFlyer stopped registering new users
You may also like : Stanford Launches Blockchain Research Center with the support of the Ethereum Foundation
The database, called the Federal Reserve Economic Data (FRED), will now include information on the cost of Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) from 2014 to the present.
The prices will be updated daily according to the data received from the crypto currency exchange and Coinbase wallet from the USA.
The Federal Reserve Bank of St. Louis often got into the headlines because of its research in the field of crypto currency and Blockchain technology. In January, the bank published a document in which it gave a favorable assessment of the use of crypto-currency and blockchain technology in the future.
In mid-May, Fed President St. Louis said in an interview that he does not rule out bitcoin as a potential future replacement for the US dollar.
You may also like : Intel will work with the blockchain-platform Enigma
You may also like : AMD shares increased by 30% thanks to the miners
The post Federal Reserve Bank of St. Louis Adds Tracking of prices for crypto-currencies appeared first on Pypur.com.