The British government is vowing to push ahead with plans to create its very own NFT — despite being thrown into disarray after the Prime Minister resigned. 💪
The British government is vowing to push ahead with plans to create its very own non-fungible token — despite being thrown into disarray after the Prime Minister resigned.
All very ambitious, but the strategy was thrown into doubt after Sunak announced he was quitting the role in response to a plethora of controversies facing Boris Johnson. The Conservative government is now in the process of selecting a new leader — and at the moment, Sunak is the frontrunner. "We are firmly committed to putting the U.K. at the forefront of crypto-asset technology and innovation by capitalizing on the freedoms gained by leaving the European Union."
The Telegraph claims that the Royal Mint's NFTs would be an extension of the collectible merchandise it already offers, and the organization has vowed to share further details about its non-fungible tokens in due course.Of course, a lot has changed since this policy was unveiled back on April 4. Bitcoin was worth $46,000 then — and since, this cryptocurrency's value has more than halved.
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