What the UK Royal Mint's "Official" NFT Means for Global NFT Policy Adoptionby@hughharsono

What the UK Royal Mint's "Official" NFT Means for Global NFT Policy Adoption

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The UK Treasury confirmed several plans to reveal cryptocurrency and digital assets-based regulations in March 2022. However, NFTs still have a significant amount of policy considerations for governments like the UK to address. The Treasury's move to create an official NFT is certainly a positive step forward in terms of governmental support of NFT. While a UK move to create a mint-backed NFT may not significantly significantly move the needle in regards to wider NFT adoption, this action may result in a wider acceptance of this NFTs, especially in the UK.

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