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London’s 70% Gold Trading Dominance at Stake as FCA Pushes Blockchain Framework

CoinGape·August 10, 2026·1 min read
London’s 70% Gold Trading Dominance at Stake as FCA Pushes Blockchain Framework

The UK's Financial Conduct Authority is in active discussions with major banks on a framework for tokenized gold, per a Financial Times report. London handles 70% of global gold trading, but this dominance may shift as the FCA pushes blockchain integration for tokenized gold as wholesale collateral.

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