FCA to Unveil Potential Regulatory Reform Proposal for Tokenized Gold on Monday

Odaily News: The UK Financial Conduct Authority (FCA) will unveil a potential regulatory reform proposal for tokenized gold on Monday. It is reported that the FCA is expected to state that it is considering establishing a new regulatory regime, which may include exempting certain tokenized gold products from the collective investment scheme (CIS) and alternative investment fund (AIF) regulations governing investment funds.