Altcoins News
By Evie Vavasseur
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Fund Exemptions on the Table. One of the more concrete ideas the FCA is looking at involves exemptions for funds that deal in…
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Industry Pressure Builds. The push for clarity is getting louder. Industry representatives have made it plain that a defined…
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The UK's Financial Conduct Authority is weighing a set of tailored rules for tokenized gold — and possibly fund exemptions too.
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Right now, there's no specific regulatory framework covering tokenized gold in the UK. Market participants say that gap is a real problem.
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But the specifics? Still murky. The agency hasn't locked anything in. It's still weighing the potential impact of both the rules and the exemptions, and further consultations…
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Tokenized commodities more broadly have been picking up momentum globally. The idea of representing physical gold ownership on a blockchain — cutting out layers of…
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The push for clarity is getting louder. Industry representatives have made it plain that a defined regulatory path is crucial — not just for attracting investment, but for basic…
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Read also: FCA Permanently Bans Blue Horizon’s Paul Taylor and Esmeralda Toni for £200M Fraud
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Some in the industry have been pretty direct about the stakes. Unclear UK fund rules, they say, could put tokenized gold at a real disadvantage compared to markets where…
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That's a pressure the FCA clearly feels. Its consideration of bespoke regulations — rules specifically designed for the quirks of tokenized gold rather than retrofitted from…
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The FCA hasn't been caught flat-footed on digital assets generally. The agency has been building out its crypto regulatory posture for years, and it's aware that the pace of…
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Still, no decisions have been made. The FCA is in deliberation mode, and the consultations ahead will carry a lot of weight.
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Related: Letitia James Leads 17 AGs to Block Crypto Clarity Act Vote in Senate
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The market for tokenized gold can't fully take off in the UK without that framework. And right now, it's sitting in a holding pattern — products that could exist, investment that…
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The FCA is expected to continue stakeholder consultations before issuing any formal guidelines.
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