Nuked The project was announced in a speech by the economic secretary to the Treasury. It’ll take toward cryptocurrencies and blockchains.
The announcement comes from one of the highest levels of the British government. It’s also supposed to be carried out by the entity in charge of printing the country’s money.
The decision shows the forward-looking approach we are determined to take towards cryptoassets in the UK. Chancellor @ rishisunak has asked to create an NFT to be issued by the summer.
The Treasury will replace the pound with hermajesty’scoin soon. The announcement makes it easy to see it as just a PR exercise.
The Treasury is asking a legal task force to consider the’legal status of decentralized autonomous organizations’. The talk is 21 minutes long and you can watch it in full below.
The UK’s Treasury is working on a’regulatory sandbox’ to let companies test products and services in a controlled environment.
Economic secretary to the Treasury tells the global finance summit the steps we are taking to position the UK as a global hub for cryptoasset technology.
Treasury’s crypto project is hard to know what to expect. Will it be a collectible stored on a wallet in Buckingham Palace or tower of London?.
