Regulation· ★★★· bullish·

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