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April 4, 2022 07:23 pm

UK's Big Crypto Push Includes Minting Its Own NFT

The U.K.'s top regulator has been cracking the whip on crypto companies, but the government just sent a strong message on its blockchain game plan: The British are coming. The U.K. government on Monday unveiled a big push into crypto, including a plan to mint its own NFT. From a report: "I am announcing today that the Chancellor has asked the Royal Mint to create a non-fungible token -- an NFT... to be issued by the Summer, an emblem of the forward-looking approach we are determined to take," John Glen, economic secretary to the Treasury, said in a speech. The announcement was part of an ambitious plan to "make the U.K. a global hub for crypto-asset technology" and "to ensure firms can invest, innovate and scale up in this country," Rishi Sunak, chancellor of the Exchequer, also said in a statement.

Read more of this story at Slashdot.


Original Link: https://news.slashdot.org/story/22/04/04/1923223/uks-big-crypto-push-includes-minting-its-own-nft?utm_source=rss1.0mainlinkanon&utm_medium=feed

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