BCP Technologies said it has launched its own British pound-backed stablecoin called tGBP. While many companies, such as Tether and poundtoken, have tried and failed to launch a successful British ...

BCP Technologies, a cryptocurrency company registered in the UK, is claiming bragging rights for issuing the first stablecoin denominated in British pound sterling, Tokenised GBP (tGBP), under the ...

The old coin and the new coin will co-exist together for a period of around six months. It's the first new pound coin to be introduced in 30 years.

On Sept. 22, the government announced an unprecedented tax cut, the highest since 1972, causing the British pound to reach an intraday low of $1.038 versus the U.S. dollar on Sept. 26.