UK Regulator Explores Gold Tokenisation

The UK financial regulator is seeking industry views on whether tokenising gold can improve market efficiency and trading. The initiative explores distributed ledger technology to enhance wholesale markets while protecting consumers.

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Signage is seen for the FCA (Financial Conduct Authority), the UK's financial regulatory body, at their head offices in London, Britain March 10, 2022. REUTERS/Toby Melville

The United Kingdom's financial regulator launched an inquiry on Monday afternoon into whether tokenising Gold could improve trading efficiency across domestic markets. The consultation runs until an October 23 deadline.

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