gbpa

UK Crypto Regulation: Why Agant CEO Says 2027 is Too Late
The UK's goal of becoming a "global hub" for crypto is facing a reality check. While the Financial Conduct Authority (FCA) is busy registering top-tier firms like Agant, the actual laws governing the industry are trailing behind, with full implementation not expected for another three years.
Institutional Power: The GBPA Token
Agant isn't building for the retail "moon bag" crowd. Their focus is on the GBPA, a pound-pegged stablecoin designed as institutional infrastructure.
Primary Use:
Payments, settlement, and tokenized real-world assets (RWA).
Efficiency:
Using blockchain for programmable reconciliation and instant cross-border interoperability.
Market Impact and Sovereign Debt
MacKenzie offers a unique take on the macro impact of stablecoins. He argues that they are an "amazing way" for central banks to export sovereign debt globally. By putting the pound on a blockchain, the UK could increase global exposure to sterling assets and lower carry costs.
The Trader’s Takeaway
The "exponential acceleration" of blockchain adoption in the UK banking sector is a massive signal for long-term institutional liquidity. However, if the UK government doesn't speed up its legislative rollout, other jurisdictions in Asia or the Middle East could snatch the crown. The technology is ready, but the policy needs to catch up.
#Stablecoins #GBPA #CryptoRegulation #InstitutionalCrypto #RWA