UK FCA Issues DLT Guidance, Introduces Direct-to-Fund Model
The FCA, the UK regulator, issued new DLT guidance and introduced an optional direct-to-fund model for tokenized assets, a move that clears a path for tokenized funds. The framework is designed to simplify blockchain integration while leaving investor protection unchanged.
Under the direct-to-fund model, investors would be able to deal directly with a fund whether it is traditional or tokenized. The FCA said the new rules are intended to make fund dealing more efficient alongside its tokenization guidance.
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@cointelegraph🇬🇧 UPDATE: UK FCA issues new DLT guidance and introduces direct to fund model for tokenized assets.
@signalornoise📰 UK OKs Tokenized Funds UK regulator clears path for tokenized funds, simplifying blockchain integration. This move modernizes market infrastructure without altering investor protection. Verdict: SIGNAL ◆ Regulatory clarity boosts adoption