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UK FCA Weighs Regulatory Exemption for Tokenized Gold Products
The UK Financial Conduct Authority has considered exempting certain tokenized gold products from existing fund rules as regulators examine how digital bullion could be used more easily across London’s wholesale financial markets. The Financial Conduct Authority will set out the…
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Cryptocurrency News | Cryptocurrency Prices | Market CapUK FCA weighs regulatory exemption for tokenized gold products
The UK Financial Conduct Authority has considered exempting certain tokenized gold products from existing fund rules as regulators examine how digital bullion could be used more easily across London’s wholesale financial markets. The Financial Conduct Authority will set out the…
70% of the global wholesale gold trade passes through London, according to the data of the World Gold Council. It is a record that the UK also wants to defend in the era of digital finance, and for this reason the regulation of token gold in the UK is about to enter a new phase. The Financial Conduct Authority has started [...]
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