UK FCA publishes DLT guidance and introduces tokenised asset direct investment model

Techub News, citing Cointelegraph, reports that the UK Financial Conduct Authority (FCA) has released new guidance on distributed ledger technology (DLT) and introduced a direct-to-fund model for tokenized assets, aiming to establish a clearer regulatory framework for the digital asset market.

The guidance standardizes the operational requirements for financial market infrastructures using DLT. The new direct investment model allows investors to directly hold fund shares through digital platforms, simplifying traditional intermediary processes. This move reflects the UK regulator's support for innovation in tokenized assets and is expected to promote the integration of traditional finance with blockchain technology.