UK’s Royal Mint Creates Gold Backed Cryptocurrency

The body responsible for providing the UK with all the physical money they have in circulation, the Royal Mint, have launched their own cryptocurrency. It’s called Royal Mint Gold (RMG) and the idea behind it is to provide a safe, secure, cheap, and convenient way for people to hold gold as an investment.
In an interview with the UK’s Express newspaper, Tom Coghill of the Royal Mint’s RMG sector stated:“We already sell physical gold through our Royal Mint Bullion business