UK regulators are working to formulate a regulatory framework for tokenized gold.

TechFlow news, August 10, according to Cailianshe, UK regulators are working on establishing a regulatory framework for tokenized gold as part of a plan to promote the digitalization of financial markets and maintain London's status as a global gold trading center. The UK Financial Conduct Authority has begun discussions with industry institutions regarding the regulatory approach for tokenized gold, including several major banks. In the coming months, regulators are expected to announce relevant plans for establishing regulatory standards in this field.