The UK financial regulator (FCA) is set to outline potential reforms for tokenized gold on Monday. With the UK facilitating over 70% of global gold transactions by volume, even a small move on-chain could significantly impact the tokenization sector. XAUT’s market share in the real-world assets (RWA) market has reached a record 11%, while Kinesis KAU has risen over 4,600% in under 180 days. This potential deregulation could boost Bitcoin’s safe-haven narrative, as BTC is currently outperforming gold for the second consecutive quarter, with the XAU/BTC ratio down over 19%.
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