CEO Benoit Marzouk stated that BCP intends to back tGBP with UK government bonds in the future in accordance with FCA guidance.

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June 3, 2025

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“BCP proposes in the future to back tGBP with short-term UK government bonds, in line with the FCA discussion paper,” Marzouk told Cointelegraph.
“Our vision is to abstract the complexity of blockchain with the familiarity of a GBP denomination, ultimately replacing GBP e-money with our GBP stablecoin,” said Benoit Marzouk, CEO of BCP Technologies in a statement.
“BCP proposes in the future to back tGBP with short-term UK government bonds, in line with the FCA discussion paper,” Marzouk told Cointelegraph.

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06/03/2025
Week 23 of 2025