The UK launches a Gold-backed cryptocurrency

The UK launches a Gold-backed cryptocurrency

The Royal Mint in the UK is to launch of its own gold-backed cryptocurrency

  • One RMG coin is equal to one gram of gold, a digital representation of gold stored in The Royal Mint vault
  • Its called Royal Mint Gold … or RMG amongst friends 😉

Check this out from Tom Coghill, Commercial Director at Royal Mint and responsible for the business development & sales of RMG:

  • “it’s real gold you’re holding when you’re holding our RMG”

The UK has always had a thing for digital gold:

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