The United Kingdom’s Treasury Minister has tasked the Royal Mint with developing an NFT as “an icon of Her Majesty’s Treasury’s forward-thinking approach” to cryptocurrencies and blockchains. The initiative was unveiled in a speech by John Glen, the Treasury’s Economic Secretary, who stated during a summit that additional information about the mint’s mint would be forthcoming “very soon.”
While countries such as Ukraine have previously issued NFTs, this news feels unique for a number of reasons. For one thing, it comes from one of the highest levels of the British government. Additionally, it is supposed to be carried out by the body responsible for printing the country’s currency.
