
FCA to consider exempting tokenized gold from fund rules
- —FCA is discussing exemptions from rules for collective investment and alternative funds with the Treasury
- —A separate regulatory regime is being developed for tokenized gold and commodities
- —John Relin of the FCA: the goal is to check whether the current system suits the gold market
Why it matters: Looser rules could speed up the launch of tokenized gold products in Britain and set a benchmark for other jurisdictions.
Source: Bloomingbit
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