The UK government won't make an NFT after all
when the government said it would create a"dynamic regulatory landscape," to nurture a bustling industry. It also planned legislation to introduce stablecoins into the country's payment infrastructure, while considering the legal status of exchanges and investment funds based around cryptocurrency.
The Treasury isn't as enthusiastic now, though, as Select Committee chair Harriet Baldwin expressed in a juicy quote:"We have not yet seen a lot of evidence that our constituents should be putting their money in these speculative tokens unless they are prepared to lose all their money. So perhaps that is why the Royal Mint has made this decision in conjunction with the Treasury."
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