Country: United Kingdom of Great Britain and Northern Ireland (the)
BCP Technologies Ltd is a UK-incorporated private limited company (Companies House No. 11121448, incorporated 21 December 2017) and an FCA-registered cryptoasset firm (Reference No. 928840) under the UK Money Laundering Regulations. It issues and distributes Tokenised GBP (tGBP), marketed as the premier British Pound stablecoin. tGBP is a 1:1 fully backed stablecoin pegged to GBP and collateralized by cash plus short-term UK government bonds (gilts) held in segregated accounts with UK-regulated financial institutions. It is designed to bridge traditional finance and blockchain, supporting instant global transfers, programmable payments, DeFi integration, and 24/7 settlement across multiple chains. The product is explicitly stated not to constitute e-money (clients receive cryptocurrency tokens rather than e-money). It is listed on major exchanges including Coinbase and Kraken, has grown to multi-million-pound circulation, and emphasizes transparency through regular attestations. It is not protected by the UK Financial Services Compensation Scheme (FSCS).
Licenses:
Registration as a Cryptoasset Firm with the Financial Conduct Authority (FCA) under the Money Laundering Regulations (MLRs)
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