Royal Mint: Non-fungible Tokens

(asked on 9th January 2023) - View Source

Question to the HM Treasury:

To ask His Majesty's Government, further to the announcement on 4 April 2022 that the Royal Mint has been asked to create a Non-Fungible Token (NFT) in the summer of 2022, when this token is likely to be issued; and for what use this token is intended.


Answered by
Baroness Penn Portrait
Baroness Penn
This question was answered on 23rd January 2023

The Government announced in April 2022 that the Royal Mint intended to create and issue a non-fungible token. The Royal Mint operates as a commercial business and the cost of designing and offering an NFT would be met entirely out of its own revenues. An update on this work will be provided in due course.

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