Her Majesty’s Treasury is working on a new kind of mint: NFTs
It’s unclear what the exact plan for the Royal Mint NFT is. | Image: Her Majesty’s TreasuryThe United Kingdom’s treasury minister has tasked the Royal Mint with creating an NFT as “an emblem of the forward-looking approach” Her Majesty’s Treasury says it’ll take toward cryptocurrencies and blockchains. The project was announced in a speech by John Glen, the Economic Secretary to the Treasury, who said at a summit that more details on the mint’s mint would be coming “very soon.”
While countries like Ukraine have issued NFTs before, this particular announcement feels a bit different — for one, it’s coming from one of the highest levels of the British government. It’s also supposed to be carried out by the entity in charge of printing the country’s money.
Chancellor @RishiSunak has asked @RoyalMintUK to create an NFT to be…
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