Binance Explores Building World’s First Decentralized Bank in Malta

Moderator: moderators

kreslik.news
rank: 10000+ posts
rank: 10000+ posts
Posts: 13027
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 2
Gender: None specified

Binance Explores Building World’s First Decentralized Bank in Malta

Postby kreslik.news » Thu Jul 12, 2018 7:44 am


Malta made headlines earlier this year when it suddenly became the country with the highest volume of cryptocurrency trades in the world. The boom in volume was caused by the relocation of Binance, the world’s largest exchange by volume, to the tiny nation.

Now, Binance is seeking to use Malta as the base for a new bank that will be owned entirely by cryptocurrency investors–the world’s “first decentralized, completely community-owned bank,” according a Bloomberg report.

[url=https://simplefx.com/dashboard/?utm_source=financemagnates.com&utm_medium=pr26062018&utm_content=SFX&utm_campaign=FXmedia]Time to buy the dip?[/url]

Binance has already secured a 5 percent stake (worth roughly $133 million) in the so-called ‘Founders ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”