ChainCatcher News: Stablecoin issuer Agant has obtained registration with the UK Financial Conduct Authority (FCA) for its crypto asset business, preparing for the launch of its GBP stablecoin GBPA.
This registration, granted under UK anti-money laundering regulations, allows Agant to issue a fully GBP-backed stablecoin, GBPA, which will be pegged 1:1 to the British pound and primarily targeted at institutional users. Agant CEO Andrew MacKenzie stated that a well-designed GBP stablecoin provides a solid foundation for innovation in UK payments, settlement, and tokenized assets. The company is working closely with regulators, financial institutions, and global partners to build its platform. GBPA will enter the GBP stablecoin market, which already includes products like Tokenised GBP (TGBP), with a market cap of approximately $4.9 million.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Circle Expands USDC Payouts to Singapore Partners
Circle launched USDC payout services in Singapore, enabling automated cross-border payments for fintechs and enterprises.
Payouts API reduces manual processes, improves transparency, and supports high-volume stablecoin transactions.
Expansion aligns with regulations, offering compliant in
CryptoFrontNews2h ago
Polymarket Unveils USD Token in Major Platform Upgrade
Polymarket is launching a new collateral token, Polymarket USD, replacing USDC.e to enhance transaction speed and reduce costs amidst regulatory challenges. The upgrade includes the CTF Exchange V2 for improved order matching and anticipates a potential POLY token introduction.
CryptoFrontNews2h ago
Odin Fun releases the 4th update on the attack incident, with eight fixes and accountability efforts moving forward in parallel
Odin Fun co-founder Bob Bodily said that in response to recent attack incidents, the platform is carrying out multiple recovery efforts, including rolling back state, tracking funds, patching vulnerabilities, auditing contracts, and communicating with the community. This incident resulted in large-scale sell-offs and abnormal account withdrawals.
GateNews2h ago
Pi Launchpad 12 Grid testnet launch, pioneer token distribution completed
Pi Network recently launched a token distribution test for the Pi Launchpad. More than 300k users participated, staking 24 million Test-Pi. The core architecture “12 Grid” enables end-to-end token delivery, and all transactions are publicly verifiable. This test confirmed the system’s feasibility and paved the way for a future official launch. The upgrade roadmap includes the PiRC1 framework and Protocol 23, which will be rolled out in April and May, respectively.
MarketWhisper4h ago
Ripple Expands Its Digital Asset Solutions With Its Treasury Management System Launch - U.Today
Ripple has launched a Treasury Management System with integrated digital asset capabilities, enabling CFOs to manage both fiat and digital assets from one platform, enhancing enterprise blockchain adoption amidst rising demand for digital asset solutions.
UToday4h ago
