UK Regulators Develop Framework for Tokenized Gold

The UK's Financial Conduct Authority is working on regulatory standards for tokenized gold, aiming to enhance its role in wholesale markets.

The UK's Financial Conduct Authority is working on regulatory standards for tokenized gold, aiming to enhance its role in wholesale markets.

A recent report reveals that while tokenized gold has proven resilient during market volatility, its use as collateral in decentralized finance remains minimal, indicating significant adoption challenges.