World · Regulation · United Kingdom ·
UK Financial Conduct Authority (FCA) to draft framework for tokenized gold collateral in wholesale markets
The UK Financial Conduct Authority is preparing a regulatory framework for how tokenized gold and other tokenized assets may be used as collateral in wholesale financial markets. The FCA is expected to announce progress on the framework within months.
Why it matters for the crypto market
A formal regulatory pathway for tokenized assets in major wholesale markets expands real-world asset crypto infrastructure and institutional access.
Source: CoinDesk
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