BCP Technologies, a UK-registered cryptocurrency company, claims to launch GBP-denominated stablecoin Tokenised GBP (tGBP) within UK regulation, each tGBP token backed at a 1:1 ratio by reserves in segregated accounts with UK-regulated financial institutions and can be exchanged for GBP at any time. （CoinDesk）

According to ChainCatcher news 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.