The UK Financial Conduct Authority is exploring regulatory exemptions for tokenized gold.

TechFlow reports that on September 14, according to the Financial Times, the UK Financial Conduct Authority (FCA) is working with the Treasury and the Bank of England to establish a dedicated regulatory framework for tokenized gold or broader tokenized commodities, and is assessing exemptions from the Collective Investment Scheme (CIS) and Alternative Investment Fund (AIF) regulatory scopes for certain tokenized gold products or market infrastructure. A specific plan has not yet been determined.