Jack Dorsey discusses plans to build a decentralized exchange for Bitcoin

Jack Dorsey discusses plans to build a decentralized exchange for Bitcoin

First announced in July, Square's TBD unit is developing a "non-custodial, permissionless, and decentralized financial services" business whose "primary focus is Bitcoin." Square CEO Jack Dorsey said that the platform’s latest Bitcoin venture would be developing a decentralized exchange. In a Friday tweet, Dorsey said that TBD — either referring to the fact the business’ name is to be determined or simply the name itself — would be focused on building a decentralized exchange for Bitcoin (BTC). According to project leader Mike Brock, TBD, a unit of Square, is aiming to “make it easy to....


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Jack Dorsey Plans to Build A Decentralized Exchange For Bitcoin

It is no secret that Twitter and Square CEO, Jack Dorsey, has been a crypto enthusiast for quite some time. The people who follow him on Twitter are no strangers to this, so it really is no surprise to hear another Dorsey-Bitcoin news. In July, Jack Dorsey announced the emergence of a Bitcoin-Focused Business Division at Square (TBD) that was “focused on building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services.” Developing An Open-Platform Bitcoin-Focused DEX  Now Jack Dorsey and Square have taken....

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