On Tuesday, the London Block Exchange (LBX) launched, headed by an 18-year Credit Suisse veteran. Future plans with the fintech company include launching a sterling-to-cryptocurrency exchange in addition to a Visa prepaid debit card, called the Dragoncard, reports Business Insider.
When the card becomes available, users will be able to convert a range of digital currencies to sterling to then spend across the U.K. The cryptocurrencies include bitcoin, ethereum, ripple, litecoin and monero. LBX is planning to add more digital currencies in the future.
LBX CEO and founder Ben Dives said in a statement: […]