UK’s Royal Mint Launches Gold-Backed Cryptocurrency

Uk's royal mint launches gold-backed cryptocurrency. The United Kingdom's royal mint the group liable for producing all the physical money the U.S. Has for movement has announced the launch of its personal gold sponsored cryptocurrency. The blockchain based coin referred to as royal mint gold rmg as a digital representation of gold saved within the royal mint vault the royal mint bullion the royal mint corporation that sells bodily gold is the first corporation to permit customers to preserve gold backed property on blockchain tom coghill rmg's business lead stated in an interview with express document co united kingdom caught hill also mentioned that one rng coin is equal to at least one gram of gold including that it's real gold you are keeping while you are retaining our ng a current record posted via the sector gold council wgc in comparison bitcoin and gold maintaining the throw bitcoin sought a higher boom in price in 2017 gold might remain an critical shop of price investment coghill claimed that bitcoin investments are more unsure than investments in gold gold has possibly had a controversy that it is been a store of value for six,000 years bitcoins a chunk more youthful within the destiny of bitcoin is uncertain the rng project changed into first unveiled through the royal mint in december 2016 the UK isn't always the only u . S . To create a treasured metals subsidized cryptocurrency remaining week local sources in australia suggested that the country's largest precious steel refinery perth mint become set to broaden its personal cryptocurrency sponsored by means of bodily