Britain's Financial Conduct Authority is seeking views until 23 October on whether tokenising gold could improve how it is traded, transferred, pledged and held, Reuters reported. The same-day FCA feedback statement on wholesale tokenisation said it received 123 responses to the May joint call with the Bank of England, and that collateral was the most cited use. A joint tokenisation roadmap is due later in 2026.
Reuters reports the FCA is seeking views until 23 October on whether tokenising gold could make gold easier to transfer and use across digital markets, particularly as wholesale collateral, and could support new forms of retail investment. Respondents to the May joint call with the Bank of England had raised gold specifically, reflecting London's position as the world's largest centre for over-the-counter spot gold trading.[2]
The FCA's FS26-1 feedback statement said it received 123 responses to the May joint Call for Input with the Bank of England on wholesale tokenisation. Respondents said the main opportunity is in post-trade, particularly how collateral moves between parties. The FCA said it will develop a joint tokenisation roadmap later in 2026. It also published the gold Call for Input prompted by those responses. It plans a consultation on safeguarding relevant specified investment cryptoassets in the first half of 2027. Respondents asked for a clear path from the Digital Securities Sandbox into permanent authorisation.[1]
Reuters clocks the gold views to 23 October. The FCA statement clocks the broader wholesale roadmap to later in 2026 and the safeguarding consultation to the first half of 2027. Both documents treat gold as a case that respondents themselves raised from London's spot market, not as a live listing decision.[2], [1]
