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FCA Eyes Special Rules for Tokenized Gold to Keep London Competitive

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The UK's Financial Conduct Authority is exploring a dedicated regulatory framework for tokenized gold in collaboration with the Treasury. The initiative aims to exempt digital gold products from existing traditional fund regulations. The move is designed to protect and strengthen London's position as a leading financial market. By crafting bespoke rules, regulators hope to accommodate the growing digital assets sector without applying outdated fund laws to it.

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FCA Eyes Special Rules for Tokenized Gold to Keep London Competitive · ShortSingh