BCP Technologies Launches UK’s First Regulated Stablecoin: tGBP

UK-based BCP Technologies has launched tGBP, a new stablecoin pegged to the British pound sterling, marking a significant milestone for the nation’s cryptocurrency market. This innovative offering is the first stablecoin issued under the UK’s regulatory framework, having secured backing from a UK-regulated financial institution. Following a rigorous 14-month review process, including participation in the FCA’s Regulatory Sandbox, tGBP officially launched on May 31.