The UK Financial Conduct Authority (FCA) has announced a comprehensive plan to integrate tokenisation into the country's $19 trillion asset management sector. The initiative includes new guidelines for fund tokenisation, an alternative dealing model for tokenised units, and a strategic roadmap for future regulatory adjustments to enable transaction settlements on public blockchains. The FCA aims to reduce fund administration costs, enhance transparency, and broaden access to private markets, ultimately providing consumers with more cost-effective and personalized investment options.
UK FCA Proposes $19 Trillion Tokenisation Strategy for Asset Management
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