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Daily Coin
2023-03-28 17:15:00

Royal Mint NFT Plans Suspended as UK Continues Web3 Backtrack

Royal Mint NFT Plans Suspended as UK Continues Web3 Backtrack

The UK is canceling its NFT project . The UK Treasury is playing loose with its plans for web3. The UK’s economic secretary cited the increasing uncertainty in the cryptocurrency market. Many thought the appointment of a crypto-friendly Prime Minister would propel web3 adoption in the United Kingdom. However, despite announcing to become a global crypto hub, the UK is rolling back on its promises by shelving its web3 initiatives, including its government-backed NFT project. Continue reading at DailyCoin.

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