BREAKING 🚨
UK regulators propose a bespoke regime for tokenized gold 🪙
The FCA, Bank of England and Treasury are reviewing standards. They will set custody, AML and settlement rules. Exemptions from certain fund rules are also under consideration. Approval could make London a hub for digital gold 🏦
Investors should watch forthcoming guidance 📈
$ARK, $MTL, $AIN
UK regulators propose a bespoke regime for tokenized gold 🪙
The FCA, Bank of England and Treasury are reviewing standards. They will set custody, AML and settlement rules. Exemptions from certain fund rules are also under consideration. Approval could make London a hub for digital gold 🏦
Investors should watch forthcoming guidance 📈
$ARK, $MTL, $AIN
