The product, called Luxor Hashprice NDF, will be traded over-the-counter and will be first of its kind, according to a statement. The financial instrument will be based on hashprice, a term coined by Luxor that refers to the bitcoin mining revenue miners earn from a unit of hashrate, or compute power over a specific period of time.
Does the SAB 121 Vote Mean Anything for Future Crypto Legislation?
Unfortunately however, the legislative measure is now heading to the desk of President Joseph Biden, who has vowed to veto...