According to CoinMeta, the UK Financial Conduct Authority (FCA) is considering providing regulatory exemptions for certain tokenized gold products to facilitate the use of digital gold in London's wholesale financial markets. The FCA will announce potential changes on Monday to assess whether tokenized gold or tokenized commodities require a dedicated regulatory framework. One option under consideration is to provide targeted exemptions to the rules for collective investment schemes and alternative investment funds. The FCA plans to work with the Treasury to evaluate whether certain tokenized gold products or related market infrastructure should be granted specific exemptions. Tokenized gold represents ownership of physical gold held by issuers or custodians, and digital tokens can be transferred between investors while the underlying gold remains in storage. The FCA believes that tokenization may play a role in making gold more divisible and easier to transfer through digital markets.