🚨 UK's FCA prepares regulatory framework for tokenized gold
Goal: defend London's ~70% share of global gold trading as Hong Kong and Shanghai push east. Talks with banks are underway on custody, ownership, and using tokenized bullion as wholesale collateral.
Bigger picture: a UK task force says tokenization could add £33B to GDP by 2035, with the first tokenized government bond targeted for 2027.
📰 Full breakdown in the front page.
#TokenizedGold #FCA #London #Gold #RWA #Tokenization #CryptoAINews
