UK Government Suspends Royal Mint's Digital Gold Token ...

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UK’s Royal Mint Creates Gold Backed Cryptocurrency. Jan 31, 2018 bitcoin. UK’s Royal Mint Creates Gold Backed Cryptocurrency. The body responsible for providing the UK with all the physical money they have in circulation, the Royal Mint, have launched their own cryptocurrency. It’s called Royal Mint Gold (RMG) and the idea behind it is to provide a safe, secure, cheap, and convenient way ... Britain’s Royal Mint has frozen plans to launch a digital gold token after a partnership with U.S. exchange group CME failed and the government vetoed a plan to have the tokens trade on a cryptocurrency exchange, three sources told Reuters. The demise of the potentially ground-breaking project, named Royal Mint Gold (RMG), highlights the wariness […] Reuters reports that Britain’s Royal Mint has halted plans to launch a digital gold token after a partnership with US exchange group CME failed and the UK government vetoed a plan to have the tokens traded on a crypto exchange. The project, titled Royal Mint Gold (RMG), comes to a frustrating end, given that it could have had ground-breaking potential for the future of cryptocurrency. > UK Royal Mint to Provide Custody for New Cryptocurrency July 15, 2019 Adoption , Altcoin , Cryptocurrencies , Cryptocurrency Exchange , Government , News , United Kingdom Adoption , altcoin , Cryptocurrencies , Cryptocurrency Exchange , Government , United Kingdom CryptoForEveryone Bitcoin UK. Education; News; Services. Cryptocurrency Investment Services; Buy Bitcoin. Home News Binance Partners with Chainalysis to Regulate Trading Activity. News; Binance Partners with Chainalysis to Regulate Trading Activity. By. Liz Utley - October 18, 2018. Facebook. Twitter. Linkedin. ReddIt. Telegram. Cryptocurrency exchange Binance is partnering with Chainalysis to release a system ... UK government freezes Royal Mint's plan for gold-backed cryptocurrrency RMG due to market conditions, which did not prove the launch possible. The possibility for restarting the project in the ... Royal Mint, a government-owned manufacturer of coins in the United Kingdom, will provide crypto custodial services for the first time. Related articles ETH price loses ground, but network metrics say DeFi season not over yet September 21, 2020 Uniswap payday, ETH transactions hit record high & EU backs stablecoins September 20, 2020 Royal Mint, a government-owned manufacturer of coins in the ...

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