LATEST: ⚡ The World Gold Council is proposing a shared "Gold as a Service" platform to standardize tokenized gold issuance. https://t.co/41g5tTWDgo ...

Cryptocurrencies like Bitcoin offer individuals complete control over their funds, but the same can’t be said for assets locked in vaults, according to the World Gold Council. On Thursday, the trade association formed and funded by the world’s leading gold mining companies proposed a framework for addressing complexities tied to tokenized gold, with the aim of establishing standards for digital assets backed by the precious metal. In a white paper co-authored by Boston Consulting Group, the nonprofit esta ...