The UK regulator states that digital asset technology can make investing more efficient, accessible and competitive for both firms and consumers.
The Financial Conduct Authority (FCA) has released plans to encourage the use of tokenisation in the UK’s asset management industry to improve efficiency, lower costs and innovation. The FCA’s proposals include new guidance and a roadmap to help firms adopt distributed ledger technology (DLT), which supports digital asset models, with more clarity and confidence. This initiative is part of the regulator’s larger effort to promote growth and technological development in t