London Block Exchange placed into liquidation as financial woes catch up
Now known as Dragon Payments, LBX has long been reported to be in financial struggles and now, it’s been officially placed in compulsory liquidation by the U.K
Latest London Block Exchange News
Crypto companies in UK now have a banking option
The banking sector is slowly adapting and incorporating cryptocurrency onto their product portfolio. For example, the London Block Exchange (LBX) is introducing a new service that will give customers in the UK a banking option for both their fiat and their crypto assets.
Yet another stablecoin makes its debut via London Block Exchange
Launched by London Block Exchange, the stablecoin will officially be known as LBXPeg. The currency will be tied to the value of the pound and backed by funds in an auditable UK bank account on a one-to-one basis.
New Visa prepaid card lets you swipe and pay using your cryptocoins
For a 0.5% fee, the card lets you debit purchases directly from your LBX cryptocoin balance.