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A step-up in regulatory support for UK fund tokenisation
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The UK Financial Conduct Authority’s (FCA’s) October 2025 consultation (CP25/28), Progressing Fund Tokenisation, forms part of a broader push to harness digital innovation in financial services, in line with the UK government’s Wholesale Financial Markets Digital Strategy (July 2025) and post-Brexit regulatory reforms. In this In Practice article we unpick some of the benefits and challenges of the FCA’s latest pro-innovation proposals.
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