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Stablecoin issuer Agant registered with the FCA, plans to issue the GBP stablecoin GBPA
Odaily Planet Daily reports that UK pound stablecoin issuer Agant has completed registration with the UK Financial Conduct Authority (FCA) for crypto asset activities, in accordance with anti-money laundering regulations. The company plans to issue a fully reserve-backed, 1:1 redeemable GBP stablecoin GBPA under the UK regulatory framework, and emphasizes collaboration with regulators and financial institutions to provide compliant infrastructure for institutional-level payments, settlement, and asset tokenization scenarios.