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Britain’s Royal Mint, a wholly government-owned mint whose primary objective is to create gold and silver coins for the state, will not be launching its gold-backed cryptocurrency any time soon, as the U.K. authorities have kicked against it, reported Reuters on October 23, 2018. Royal Mint’s Digital Gold Ambition Sees […] The U.K.’s Royal Mint plans to create a digital token backed by physical gold has been shelved after U.S.-based derivatives exchange, the CME, dissolved a partnership between the two entities and the government stepped in to block proposed trading on a cryptocurrency exchange. Meanwhile, other mints and startups around the […]
U.K. Government Squashes Royal Mint’s Plans to Launch Gold-backed Cryptocurrency | BTCMANAGER
Royal Mint Gold Idea Shelved Over Exchange Issues and Government Veto
