What the UK's Tokenized Gold Paper Actually Asks, and the October 23 Deadline
The FCA wants evidence on tokenized gold, including whether some gold tokens should sit outside UK fund rules. Its paper lists five possible responses, twelve areas a new regime would need to cover, and five questions.
Explainers
All explainersHow PAXG Redemption Fees Work Since September 1, 2026
Redeeming PAX Gold through a Paxos account costs 0.125% to 0.500%, set by an account's net redemptions over 30 days. A new 0.05% fee applies to converting PAXG into gold.
Attestation, Audit, or Proof of Reserves: What Each One Proves About a Backed Token
Issuers of gold tokens and stablecoins point to reports that say the backing is there. The reports are not all the same kind of work, and none of them covers everything.
PAXG vs. XAUT: Who Can Buy, How Redemption Works, and Who Checks the Gold
The two biggest gold tokens look alike on a chart. They differ on who may buy from the issuer, where the gold sits, and how often an accountant reports on it.
What Is Tokenized Gold? How Gold-Backed Tokens Work and Seven Things to Check
A gold token is a claim on gold in a vault, recorded on a blockchain. How strong that claim is depends on the issuer, the custody, the reports, and whether you can redeem.
Data
All dataTokenized Gold Snapshot: $5.8 Billion Reported, and Two Tokens Hold 89% of It
Tether Gold and PAX Gold make up 89% of the value in our tokenized gold table and nearly all of the trading. Kinesis Gold, third in the table, reported $526 million in value and traded $7,223 in a day.
Regulation
All regulationWhat the UK's Tokenized Gold Paper Actually Asks, and the October 23 Deadline
The FCA wants evidence on tokenized gold, including whether some gold tokens should sit outside UK fund rules. Its paper lists five possible responses, twelve areas a new regime would need to cover, and five questions.