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UK FCA Eyes Tokenized Gold as London Defends 70% Market Share

UK FCA Eyes Tokenized Gold as London Defends 70% Market ShareWorldPing

The U.K.’s Financial Conduct Authority is exploring how tokenized gold could fit into wholesale markets, including its use as collateral. The discussions come as London seeks to defend its dominance in bullion trading against growing competition from China.

This is a short WorldPing brief. The full report was published by Bitcoin.com.

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Brief by WorldPing · Original reporting by Hacker News