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FCA considers exempting tokenized gold from fund rules to defend London market

Published Source: CoinDeskRead original

Crypto Insight Summary: The Financial Conduct Authority is exploring a bespoke regulatory framework with the Treasury to carve out digital gold from traditional fund laws. Crypto Insight Analysis: Direction: Bullish PAXG / Bullish XAUT Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Regulatory clarity for tokenized gold could boost institutional adoption and liquidity.

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FCA considers exempting tokenized gold from fund rules to defend London market — Crypto Insight