In 2017 the price of bitcoin reached parity with gold (by ounce) which grabbed the attention of gold investors around the world. With the current crypto mania there has been a surge in interest with the concept of gold-backed cryptocurrencies. A brief history of digital gold currency The idea of a gold digital currency has […]
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UK Government Vetoes Gold-Backed Cryptocurrency Project
The organisation responsible for supplying the coinage of the United Kingdom, Royal Mint Limited, has shelved proposals to unveil its own gold-backed cryptocurrency due to the UK government’s dissatisfaction with the project.UK Government Vetoes Gold-Backed Cryptocurrency Project
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