FCA proposes exempting tokenized gold from fund regulation
- —FCA is considering a separate regime for tokenized gold
- —The goal is to use London's gold reserves as collateral
- —Tokens could be exempted from fund regulation
Why it matters: Simplified rules could accelerate the tokenization of real-world assets and the inflow of institutional capital into crypto.
Source: Financial Times Crypto
More on this
Regulation · 17:29Russia's Finance Ministry says crypto investors near 20 million with $44B in assets
Regulation · 10:44Caixin: Hyperliquid prices Chinese assets as offshore exchanges challenge global regulators
Regulation · 10:38Hong Kong's CMU to launch 24/7 on-chain settlement with e-HKD and CBDC by year-end