Techub News reports that, according to AMBCrypto, the UK Financial Conduct Authority (FCA) has issued new guidelines supporting tokenized fund adoption, allowing asset management firms to use blockchain infrastructure within the current regulatory framework, and introducing a Direct-to-Fund model enabling direct trading between investors and funds. The guidelines specify that fund records can be stored on blockchain systems, including public blockchains, and under appropriate controls, on-chain records can serve as the primary ledger. This move aims to reduce operational costs and improve efficiency, but full integration of cryptocurrency-native systems and stablecoin settlement remains a phased process.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin