Wary of crypto, UK government blocks Royal Mint's digital gold

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By Peter Hobson
Reuters
Friday, October 25, 2018

LONDON -- 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, highlights the wariness of governments to become involved in the largely unregulated world of cyptocurrencies, which exploded into the public eye last year with the stellar rise of bitcoin. ...

... For the remainder of the report:

https://www.reuters.com/article/us-gold-cryptocurrency-royal-mint/wary-o...



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