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A bitcoin billionaire is quietly building the world’s very first decentralized bank on this tiny, idyllic island





  • Plans for the world’s first decentralized bank are taking root in Malta.
  • The project is backed by the world’s largest cryptocurrency exchange, Binance, which was founded by bitcoin billionaire Changpeng Zhao.
  • Malta has been very receptive to cryptocurrency projects in the past.

Plans for the world’s very first decentralized bank are taking root in Malta.

According to Bloomberg, the project is backed by bitcoin billionaire Changpeng Zhao’s cryptocurrency exchange, Binance.

Binance, which uprooted its operations to the tiny European island of Malta earlier this year, has been warmly welcomed by the country’s prime minister, Joseph Muscat.

In March, Muscat tweeted that he had read more >>>

Source:: BusinessInsider.Com

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