BCP Technologies Launches FCA-Approved GBP Stablecoin tGBP

BCP Technologies has entered the stablecoin arena with tGBP, a British pound-pegged digital asset approved by the UK’s Financial Conduct Authority. The launch follows a rigorous 14-month regulatory process and a trial period in the FCA’s sandbox environment.

Unlike previous failed attempts by competitors like Tether and poundtoken, tGBP debuts with institutional backing and imminent exchange listings. Two major trading platforms are in advanced negotiations to list the stablecoin, potentially providing much-needed liquidity in the GBP stablecoin market.

The token is currently available through BCP’s proprietary trading platform, BCP Markets, following KYC verification. This regulatory-first approach distinguishes tGBP from earlier sterling-pegged stablecoins that struggled with compliance.