Buying Tokenized Gold in the UK Might Get Easier. Here's What the FCA Is Weighing
Britain’s financial watchdog is weighing whether to lift tokenized gold out of the fund rulebook entirely, a move that could change how London’s bullion vaults are used. The Financial Conduct Authority (FCA) will set out the idea on Monday, the Financial Times reported. The FCA Wants London’s Gold to Stop Sitting Still Tokenized gold gives The post Buying Tokenized Gold in the UK Might Get Easier. Here's What the FCA Is Weighing appeared first on BeInCrypto.
Key Takeaways
- Britain’s financial watchdog is weighing whether to lift tokenized gold out of the fund rulebook entirely, a move that could change how London’s bullion vaults are used.
- The Financial Conduct Authority (FCA) will set out the idea on Monday, the Financial Times reported.
- The FCA Wants London’s Gold to Stop Sitting Still Tokenized gold gives The post Buying Tokenized Gold in the UK Might Get Easier.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Leveraged funds rebuilt 1,669 BTC of Bitcoin futures shorts before Fed
CFTC data put their combined net short near 39,877 BTC, but rising longs complicate a directional bearish reading. The post Leveraged funds rebuilt 1,669 BTC of Bitcoin futures shorts before Fed appeared first on CryptoSlate.
XRP Ledger Broke Its Transaction Record, and 20 Wallets Did Most of It
The XRP Ledger crammed a record 3,254 transactions into one ledger on Sept. 13, yet 2,000 of them were identical 1-drop payments fired by just 20 wallets. The Number on the Explorer The record belongs to ledger 106,965,249, which closed on Sunday, Sept. 13,…
CLARITY Act vote meets Fed rate hike: Five things to know in Bitcoin this week
Bitcoin traders brace for volatility as the CLARITY Act awaits a Senate vote to move forward and the Fed is due to announce its latest rate decision.