[The UK Financial Conduct Authority is Exploring Regulatory Exemption Mechanisms for Tokenized Gold] According to the Financial Times, the UK Financial Conduct Authority (FCA) is working with the Treasury and the Bank of England to study the establishment of a dedicated regulatory framework for tokenized gold or broader tokenized commodities. They are also evaluating exemptions for certain tokenized gold products or market infrastructures from the regulatory scope of Collective Investment Schemes (CIS) and Alternative Investment Funds (AIF). Specific plans have not yet been finalized.