UK Treasury drops plans for Royal Mint NFT By Cointelegraph

The United Kingdom has shelved plans to launch a government-backed “NFT for Britain,” which was initially proposed by crypto-friendly Prime Minister Rishi Sunak.

While serving as chancellor of the Exchequer, the equivalent of a chief financial minister, Sunak asked the Royal Mint in April 2022 to create an “NFT for Britain” as part of the government’s “ambition to make the UK a global hub for crypto-asset technology and investment.”