The Royal Mint
News stories featuring The Royal Mint:
December 5th, 2016
The UK’s Royal Mint is working with derivatives marketplace CME Group to develop a new gold trading system using blockchain technology. Launching in 2017, Royal Mint will issue Royal Mint Gold (RMG) as a digital record of ownership for gold stored at its storage facility. CME Group will develop and operate the digital trading platform to “provide an easier, cost-effective and cryptographically secure alternative to buying, holding and trading spot gold”.
April 19th, 2016
“Cash is still the most prominent payment method for UK consumers and global demand for coins is as strong as ever,” says The Royal Mint in response to research conducted by UK supermarket chain The Co-Op that predicted mobile payments will account for 65% of its transactions by 2025. “The demise of cash has been predicted for a long time but it remains the currency option the general public turns to for confidence, convenience and security,” the government-owned company adds.
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