The St.Louis branch of the Federal Reserve announced they are officially indexing cryptocurrencies - using the publicly available charting data provided by Coinbase. Their index will include Bitcoin, Bitcoin Cash, Ethereum and Litecoin.There is some history showing various people from the Federal Reserve were keeping a close eye on the cryptocurrency world for some time - however the move today says they see it as an economic factor worth more than just casually monitoring -Lael Brainard from the U.S. Federal Reserve's Board of Governors spoke on the topic of cryptocurrency just a couple months ago here in San Francisco, saying:Even as far back as 2014, David Andolfatto who was Vice President of the St. Louis Federal Reserve at the time, hosted a learning seminar on the topic where he made the bold statement that cryptocurrency and blockchain techIt's important to think about the private discussions behind the scenes that lead up to a move like this, it’s a sign the Federal Reserve's leadership are in agreement that cryptocurrency is here to stay. This wouldn't be worth doing if they thought otherwise.Their index is already live and you can take a look for yourself at