UK FCA Eyes Tokenized Gold as London Defends 70% Market Share

AI Summary The U.K.’s Financial Conduct Authority is exploring how tokenized gold could fit into wholesale markets, including its use as collateral. The discussions come as London seeks to defend its dominance in bullion trading against growing competition from China. London Pushes Tokenized Gold as China Challenges Its Lead The United Kingdom is considering a regulatory framework […] fulltext: 382 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/crypto-news/uk-fca-eyes-tokenized-gold-as-london-defends-70-market-share/ Source: Bitcoin.com News