Stablecoin issuer Agant obtains FCA registration, plans to issue GBP stablecoin GBPA

Odaily News Stablecoin issuer Agant announced that it has completed its crypto asset business registration with the UK Financial Conduct Authority (FCA), subject to relevant anti-money laundering regulations. The company plans to issue the fully reserve-backed, 1:1 redeemable GBP stablecoin GBPA under the UK regulatory framework, emphasizing collaboration with regulators and financial institutions to provide compliant infrastructure for scenarios such as institutional payments, settlements, and asset tokenization.