Sunday, November 4, 2018

Another Stablecoin: U.K. Crypto Exchange Launches GBP-Pegged Cryptocurrency

By , in Altcoin News cryptopound Exchanges gbp Gemini Dollar Lbxpeg London block exchange News stablecoin on . Tagged width: , , , , , , , , , , , , , ,

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,

The post Another Stablecoin: U.K. Crypto Exchange Launches GBP-Pegged Cryptocurrency appeared first on CCN

Recommended articles

XRP On Fire As It Goes Live As The Base Currency On CoinField Exchange – 61 Countries Already In the Mix

Over the past few weeks, there have been rumors about a Canadian crypto exchange that’s been deliberating on plans to…

Crypto Week In Review: Goldman Sachs Furthers Crypto Foray, Coinbase Secures Funding

Although relative non-action in crypto markets has continued, with prices stagnating en-masse, prominent institutions, such as Goldman Sachs and Tiger…

Stablecoin? USD-Backed Crypto Token Tether Falls 5% [Again]

Tether, or USDT, is supposed to remain “tethered” to the US Dollar, as its name implies. That’s its whole purpose…

Coinbase Joins Binance In Support For Impending Bitcoin Cash (BCH) Fork

Bitcoin Cash To Fork On November 15th Although the crypto community has one goal, and one goal only — to…

IBM Patents Blockchain System to Create ‘Trust’ Between AR Game Players, Real World Locations

IBM has applied for blockchain patent aiming to deter augmented reality game players from intruding on undesirable locations