Royal Mint to the Royal Mint opening satellite branches of itself overseas. In Australia, the local Legislative Council petitioned the UK government to establish a branch of the Royal Mint in Sydney (Sydney Mint) after prospector Edward Hargraves discovered gold in Ophir, New South Wales in 1851. The petitioned gain royal assent in 1853 and plans were made by the Deputy Master of the Royal Mint in London to open the Royal Mint's first overseas branch within the colony. The Royal Mint's Superintendent of Coining travelled to Australia to oversee its establishment on Macquarie Street within the southern wing of Sydney Hospital
Royal Mint Gold Royal Mint Gold Royal Mint Gold is a digital gold currency and a cryptocurrency backed by gold reserves in the UK Royal Mint. The Royal Mint began testing blockchain transactions in April 2017. The first test transaction was in August 2017. The rollout was originally scheduled to occur by the end of 2017. US-based CME Group (Chicago Mercantile Exchange) is administering the trading. "The Daily Telegraph" said it "appears somewhat similar to an exchange-traded fund such as ETF Securities Physical Gold". The blockchain used is the Prova open-source distributed ledger. A proof-of-stake algorithm demonstrates ownership of the physical gold. BitGo