Britain leading its way to crypto
As the world is now recognizing the change shift towards the decentralized system, the UK government has planned to make its way towards this change. They have announced to mint their own NFTs as it will lead their way to crypto.
They want to bring a greater change, and to bring this change they will do number of steps and the first step will be to mint their own NFTs.
NFTs are basically the digital assets which gave ownership to digital art. Digital art includes avatars or some place in digital space. These transactions are basically taken place using blockchain technology. This is one of visionary step taken by UK government towards becoming "World Leader" in Decentralized or Blockchain space.
They will make digital assets under a regulatory scrutiny. And it will be done not using some rigid rules. But it will be done using some code which we refine according to the requirements.
Other considerable thing to mention is to bring some stable coins in the market. These stable coins derive their value from sovereign companies like USD but there is a lot of controversy around it also.