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AI desk brief

LBMA says tokenised gold could improve the efficiency and usability of the Loco London market, but only if market integrity, liquidity and resilience are preserved. The response to the FCA also calls for clearer rules on token structures, prudential treatment and whether tokenised gold can qualify as financial collateral.

For traders, the key takeaway is regulatory framing rather than immediate price impact: LBMA is supportive in principle, but wants clarity before tokenised gold can scale cleanly in wholesale markets.