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The Guardian - UK
The Guardian - UK
Technology
Alex Hern

REVEALED: Uk government drops plans for nft made by royal mint | Rare Historical Photos

Rishi Sunak
Rishi Sunak backed cryptocurrencies when chancellor, including the plan for a UK government NFT. Photograph: Reuters

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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