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      UK Financial Conduct Authority explores regulatory exemption mechanism for tokenized gold

      PANews, September 14 - According to the Financial Times, the UK Financial Conduct Authority (FCA) is working with the Treasury and the Bank of England to study the establishment of a dedicated regulatory regime for tokenized gold or a broader range of tokenized commodities, and is assessing whether to exempt certain tokenized gold products or market infrastructure from the regulatory scope of Collective Investment Schemes (CIS) and Alternative Investment Funds (AIF). No specific plan has been determined yet.


      Source: PANews
      .

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