UK government drops plans for NFT made by Royal Mint
by Alex Hern from on (#6A8EF)
Labour criticises Rishi Sunak vanity project' announced weeks before collapse in value of cryptocurrencies
The UK government has dropped its plans to produce a non-fungible token for sale through the Royal Mint, just under a year after it first announced the project.
In response to a question from the Conservative MP Harriett Baldwin, the Treasury's economic secretary, Andrew Griffith, confirmed the abandonment, saying: In consultation with HM Treasury, the Royal Mint is not proceeding with the launch of a non-fungible token at this time but will keep this proposal under review."
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