The London Block Exchange opened last November is going to launch a new pound-pegged cryptocurrency LBXPeg in 10 days. According to the official statement, the new cryptocurrency (aka “cryptopound”) “will be tied to the value of pound sterling (‘GBP’) held in an auditable UK bank account on a 1:1 basis.”. LBXPeg is going to be provided by the Ethereum blockchain, later The LBX will be using other platforms if their compliance controls can be maintained.
The popularity of stablecoins is growing day by day. We’ve already informed you about the launch of pound-pegged coin LBXPeg, and here goes Japan.
GMO Internet, Inc. develops Internet infrastructure. The corporation started cryptocurrency exchange business in May 2017 and mining business later in December
The company is listed as #1 at Tokyo Stock Exchange. GMO Japanese Yen (GJY) will be available in the market in 2019.