Tag Archives: mint

Why multimillionaire Pavel Durov wants to mint his own cryptocurrency

The Russian-born entrepreneur Pavel Durov was once caught on camera throwing paper aeroplanes out of his  St Petersburg office window, carefully folded from 5,000-rouble notes. If helping one of his lieutenants give away his bonus was the outspoken libertarian’s way of showing contempt for money, he appears to have changed his tune. Rather than frittering […]

UK’s Royal Mint Launches Gold-Backed Cryptocurrency | News

The UK’s Royal Mint, the institution responsible for producing all the physical money the country has for circulation, has announced the launch of its own gold-backed cryptocurrency. The Blockchain-based coin, called Royal Mint Gold (RMG), is a digital representation of gold stored in The Royal Mint vault. The Royal Mint Bullion, the Royal Mint company […]

Cryptocurrency backed by gold being developed by Perth Mint to entice investors back to precious metals

Updated January 24, 2018 06:53:36 Australia’s biggest gold refiner, the Perth Mint, is developing its own cryptocurrency backed by physical precious metals. The ambitious plan, which is subject to a confidentiality agreement, will make it easier for consumers to buy gold. Audio: Perth Mint chief executive Richard Hayes talks about plans to develop a crypto-gold […]

Inspector General: US Mint Should Consider Bitcoin’s Impact

The U.S. federal agencies responsible for coining and printing currency should consider the future impact of cryptocurrencies, according to a new inspector general report. In an Oct. 16 note to U.S. Treasury Secretary Steven Mnuchin, inspector general Eric Thorson outlined a range of “management and performance challenges” that he anticipates will effect the Treasury Department […]

Bitcoin: India’s darknet hackers mint bitcoins from illegal assignments

BENGALURU: Joy D’Souza is a 20-yearold computer science student, freelance website designer and a darknet hacker. Which is to say he operates in an alternative Internet universe where most things are illegal and not easily accessible to commoners. He belongs to a small but growing tribe in India that earns handsome sums from assignments such […]

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