Britain has left idle a plan to publish the government-backed National Financial Times, which was originally proposed through President Richie Sunak, who uses the login password.

During his tenure as chancellor of the exchequer (equivalent to a top chancellor of the exchequer), Sunak ordered the Royal Bureau of Monetary Affairs to create a "NFT" for the UK in April 2022 as part of the government's "ambition to make the UK a global centre for encrypted assets technology and investment".

The project was supposed to run in the summer of 2022, but failed to meet the deadline.

When asked by the chairman of the Treasury, especially the committee, whether the Royal Mint still exists and plans to sell irreplaceable tokens on March 27, Treasury Secretary McGuinness Griffith stressed:

After talks with the British Treasury, it is not easy for the Royal Mint to issue irreplaceable tokens again at this stage, but will continue to check the proposal.

A British television report on March 26 was later quoted as saying by Harriet Baldwin, chairman of the committee in particular, who clearly raised these issues in the House:

"We haven't seen a lot of data showing that our own electors should put money into such foreign exchange speculative tokens unless they are prepared to lose all their savings in advance."

"perhaps this is the main reason why the Royal Mint and the Treasury worked together to make this decision," she added.

In the end, the definition of NFT in the UK seems to be very vague, as neither the Royal Monetary Board nor the Treasury have described in detail what NFT will do and how to make better use of them.

In the case of initial announcement, more details will be released soon, simply put, but reformers of the plan, such as Rachel Reeves, the workers' party legislator and figure chancellor of the exchequer, are sceptical about Mr Sunak's priorities.

"the country is facing a very serious cost of living dilemma, and the choice of the country's prime minister has made the dilemma more and more serious. This is also an important task for him at this stage. There's no hope. "she said last year.