UK Begins Government-Supported NFT Program - Coinleaks
Current Date:November 7, 2024

UK Begins Government-Supported NFT Program

After the government changes that occupied the agenda England, Rishi Altarwith NFTwill start the program.

Chancellor of the Period Rishi Altarhas stated that he wants to make the UK a crypto center. Rishi AltarAmong the works of NFT It also focused on technology. However Liz Truss These plans were shelved when he lost the election to . In a very short time, in the turbulent agenda of England, with Truss’s resignation, Rishi Sunak became the new Prime Minister. The government, which started to work rapidly, will also launch the NFT-supported program.

UK Ministers Stick to NFT Plans

UK government ministers will not deviate from the program despite the crypto bear market and controversy. Ministers want to create government-backed NFT products.

Royal Mint According to , the UK will launch the program to be a pioneer in this technology and create a business environment. Producing British coins for the treasury Royal Mint announced that the project is still under development. It was not clear when the program would start.

The Royal Mint declined to comment on how much the project would cost. However, the government has promised that the project will start this year.