UK FCA-registered BCP launches British pound stablecoin

UK FCA-registered BCP launches British pound stablecoin

BCP Technologies CEO says its new British pound-backed stablecoin tGBP might be considered a “live proof-of-concept for future FCA stablecoin regulation.” BCP Technologies, a United Kingdom-registered cryptocurrency firm, has launched a new British pound-backed stablecoin following a 14-month review in the Financial Conduct Authority’s (FCA) regulatory sandbox. The company announced the rollout of its Tokenised…

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Asia holds crypto liquidity, but US Treasurys will unlock institutional funds

Asia holds crypto liquidity, but US Treasurys will unlock institutional funds

The disconnect between Asia’s crypto liquidity hubs and US capital markets has hindered institutional adoption of digital assets. Opinion by: Jack Lu, CEO of BounceBit For years, crypto has promised a more open and efficient financial system. A fundamental inefficiency remains: the disconnect between US capital markets and Asia’s liquidity hubs. The United States dominates…

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