TechFlow, October 14 — According to Cointelegraph, the UK Financial Conduct Authority (FCA) on Tuesday unveiled a roadmap to assist asset management firms in adopting blockchain technology for fund tokenization. The initiative aims to provide regulatory clarity for businesses and drive innovation and growth in asset management. Simon Walls, FCA Executive Director, said tokenization has the potential to bring fundamental changes to the industry and consumers. The roadmap includes guidelines for registering tokenized funds under existing regulations, a streamlined trading framework, and blockchain-based settlement solutions.
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