Kevin Warsh, a former U.S. Federal Reserve governor, recently told The New York Times the Fed should give serious consideration to releasing a government-sponsored cryptocurrency — commonly called a “FedCoin.” Warsh is among a group of investors in Basis, formerly Basecoin, a cryptocurrency designed with an algorithmic central bank that will keep the price stable. …
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After a successful private sale, Modern Finance Chain is beginning their pre token sale with a minimum contribution of 5 ETH, to end May 25. The Modern Finance Chain cryptocurrency ecosystem looks to counteract the payment system problems associated with traditional merchant-consumer transactions.