British investment managers call for the blockchain-traded funds' approval

British investment managers call for the blockchain-traded funds' approval

The Investment Association believes the new technology will bring significant cost savings for end investors. The Investment Association, a trade body representing British investment managers, is speeding up the local government and financial regulators to approve blockchain-traded funds with digital tokens substituting traditional shares. As the Financial Times reported on Thursday, the trade body is pushing the government to establish a new class of funds employing blockchain technology and create a new task force to examine how distributed ledger technology could accelerate the creation....


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