On Thursday, Frax Finance, a developer of algorithmic stablecoins, announced it would launch the Frax Price Index, or FPI, on the Partisia blockchain. The benchmark would have its stablecoin pegged to it and serve as a competitor to the standard Consumer Price Index, or CPI. Although the latter is a near-universally adopted inflation gauge, skeptics have claimed that its … [Read more...] about Inflation benchmark Frax Price Index to launch on Partisia blockchain
Benchmark
CryptoCompare Gets FCA Authorization to Operate as Benchmark Administrator
“I am delighted that CryptoCompare has now achieved FCA authorization, creating new avenues for institutional and retail investors to gain exposure to our standard-setting digital asset indices,” said Charles Hayter, CEO of CryptoCompare, in a statement. Source link … [Read more...] about CryptoCompare Gets FCA Authorization to Operate as Benchmark Administrator