The largest and most advanced Cryptocurrency exchange Bitfinex has announced that it will launch a decentralized Cryptocurrency exchange. It will be built on the Eos.io platform. “We are excited to leverage EOS.io to further advance the field of high performance and trust less on chain exchange. Block one continues to display an unwavering dedication to improving block chain scalability through the eos platform. And it is our hope that this collaboration will allow significant advancement for all decentralized exchange.”, said by J.L.Van Der Velde. He is the chief executive officer of Bitfinex.
Decentralized exchanges ,”Represent fundamentally trans-formative capabilities for the block chain industry” suggested Mr. van Der Velde. Bitfinex claims that Eosfinex will offer a “fast transparent and trust less platform for the trading of digital assets”. Eosfinex is to be the first decentralized exchange built using Eos.io’s protocol.
Tether/Bitfinex to Purchase Puerto Rico Bank?
Nicholas Prouty, the CEO of Puerto Rico-based hedge fund Putnam Bridge Funding. He stated that Tether’s leading figures are seeking to purchase a bank on the Caribbean Island.
Mr.Pouty said again that, A group of Crypto guys are close to buying a bank in Puerto Rico.The reason they have bought a bank is that is no bank in the United States is willing to accept Cryptocurrency. Because Puerto Rico is a territory there are some banking licenses that are possible here and that enable a very creative banking structure, ” adding that ” The bank they were working with did not want to continue working with them with that kind of responsibility. This has necessitated the purchase of a bank that requires an infusion of capital from a sovereign wealth fund to create an initial reserve. They will start banking with Crypto soon.”