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UK Government Drops Plan to Launch NFT With Royal Mint
30.3.2023
The U.K. government has confirmed that it is not proceeding with a plan to launch a non-fungible token (NFT). British Prime Minister Rishi Sunak asked the Royal Mint to create an “NFT for Britain” while he was serving as the Chancellor of the Exchequer last year as part of his efforts...
UK Government shows red flag to Royal Mint NFT project
29.3.2023
The UK Government has halted the production of a non-fungible token (NFT), which the Royal Mint is carrying out. This is even though the present Prime Minister of the UK, Rishi Sunak, has an absolute inclination towards it. This happened to have been during the period when he was holding...
UK Treasury drops plans for Royal Mint NFT
28.3.2023
The Economic Secretary of the Treasury told Parliament has confirmed the project has been put on the back burner, but will “keep this proposal under review.”
UK’s Royal Mint Reveals Record Profits Amid Significant Demand for Physical Gold and Silver
14.10.2022
While the price of gold has dropped in value from the asset’s all-time high on March 8, the U.K.’s oldest precious metals (PMs) company, the Royal Mint, saw record profits over the last 12 months. In fact, the Royal Mint’s annual earnings show the firm has seen the highest profits in 12 years, with...
What to Expect From the UK’s Royal Mint NFT Collection
31.8.2022
The country's former finance minister Rishi Sunak asked the maker of British coins in April to develop a range of NFTs that represents the country's commitment to a "forward-looking approach."
Nifty News: UK Royal Mint NFT, $960k Billionaire Dog rug and Pudgy Penguins
5.4.2022
The Royal Mint NFT featured in a series of announcements aimed at making the UK a global crypto hub, with officials saying the NFT is “an emblem” of the approach the UK “is determined to take”
UK Unveils Comprehensive Plan to Become Global Crypto Hub With Dynamic Regulation
5.4.2022
The U.K. government has unveiled a detailed plan to make the country a global crypto hub and “a hospitable place for crypto.” The plan includes establishing a dynamic regulatory framework for crypto, regulating stablecoins, and working with the Royal Mint to create a non-fungible...
Ex-Royal Mint Team’s Crypto Insurance Now Provides $1M Cover for All Civic Wallets
31.3.2020
Coincover is now providing automatic insurance cover on all new signups for Civic's wallet