UK-Regulated Crypto Firm BCP Technologies Unveils GBP Stablecoin
- On June 3, 2025, UK-based crypto company BCP Technologies introduced Tokenised GBP , a British pound-backed stablecoin that is formally recognized and registered with the Financial Conduct Authority.
- The launch follows a 14-month FCA regulatory sandbox review and engagement amid limited availability and adoption of pound stablecoins in the UK market.
- TGBP operates as an ERC-20 token on Ethereum, backed 1:1 by cash reserves held in a segregated UK-regulated account, and targets retail, institutional, and DeFi use cases.
- BCP CEO Benoit Marzouk highlighted that stablecoins facilitate seamless, rapid, and smooth transactions without exposure to price fluctuations, and he noted that tGBP could act as a practical example for upcoming FCA stablecoin regulations.
- The launch marks a significant advancement for regulated blockchain finance in the UK, with BCP committed to participating in ongoing FCA consultations on stablecoin regulations and planning to broaden its reserve assets to include government bonds.
13 Articles
13 Articles
BCP Technologies launches UK’s first FCA-registered GBP stablecoin
BCP Technologies has launched Tokenised GBP (tGBP), becoming the first FCA-registered firm to issue a live, GBP-denominated stablecoin in the UK – a move that could significantly accelerate the institutionalisation of blockchain-based finance in sterling markets. The launch follows a testing phase within the FCA’s Regulatory Sandbox and comes just days after the regulator opened a public consultation on stablecoin and crypto custody rules, signa…
U.K. Launches Licensed Stablecoin tGBP
After 14 months of regulatory review and official participation in the U.K. Financial Conduct Authority (FCA) regulatory sandbox, the stablecoin tGBP, backed by the British pound sterling, was officially launched.... Сообщение U.K. Launches First Licensed Stablecoin tGBP появились сначала на CoinsPaid Media.
New GPB-backed stablecoin tGBP goes live on BCP Markets – #CryptoUpdatesGNIT
BCP Technologies, a United Kingdom-registered cryptocurrency firm, has launched a new British pound-backed stablecoin. The company revealed the rollout of its Tokenised GBP (tGBP) stablecoin in an announcement shared with Cointelegraph on June 3. TGBP is now live on BCP Technologies-operated crypto trading platform, BCP Markets, and is available to customers who pass Know Your Customer checks, with major exchanges expected to list tGBP in the co…
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