Deep Tide TechFlow message. On August 10, according to Caixin/China Business News, UK regulators are working to develop a regulatory framework for tokenized gold as part of a plan to promote the digitization of financial markets and to maintain London’s status as a leading global gold trading hub. The UK Financial Conduct Authority (FCA) has held discussions with industry bodies on how tokenized gold should be regulated, including with several major banks. In the coming months, regulators are expected to announce related plans for setting regulatory standards in this area.
