U.K. Finance Minister Rishi Sunak has asked the Royal Mint to create and issue the NFT “by the summer,” a government minister said Monday.
U.K. Finance Minister Rishi Sunak has asked the Royal Mint to create and issue the NFT"by the summer," a government minister said Monday.
City Minister John Glen announced a number of steps the U.K. will take to bring digital assets under more regulatory scrutiny.LONDON — The U.K. government on Monday announced plans to mint its own non-fungible token, as part of a push toward becoming a"world leader" in the cryptocurrency space. Finance Minister Rishi Sunak has asked the Royal Mint — the government-owned company responsible for minting coins for the U.K. — to create and issue the NFT"by the summer," City Minister John Glen said at a fintech event in London."There will be more details available very soon," he added.
The initiative is part of a broader effort by the government to"lead the way" in crypto, according to Glen. The minister announced a number of steps the U.K. will take to bring digital assets under more regulatory scrutiny, including plans to:
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