The UK FCA registered institution BCP has announced the launch of the British Pound stablecoin tGBP.

According to ChainCatcher news and reported by Cointelegraph, the UK-registered Crypto Assets company BCP Technologies has officially launched a stablecoin backed by the British pound after undergoing a 14-month review in the Financial Conduct Authority (FCA) regulatory sandbox. The company announced the launch of its pound-pegged stablecoin Tokenised GBP (tGBP) on June 3.

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