Another Stablecoin: U.K. Crypto Exchange Launches GBP-Pegged Cryptocurrency
The London Block Exchange has announced the launch of a GBP-pegged cryptocurrency stablecoin called LBXPeg. In a statement posted on its website, LBX revealed that the so-called “cryptopound” will be tied to the value of GBP held in an auditable U.K. bank account on a 1:1 basis. Speaking to Business Insider ahead of the launch, LBX CEO, … Continued
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