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Business

Company running Perth Mint cryptocurrency withdraws support, but questions linger over future of GoldPass app

Perth Mint the Perth Mint Gold Cryptocurrency United States Shane Love Keane Bourke LBMA Mark McGowan Australia
The future of another Perht Mint service, the GoldPass app, remains in doubt. (ABC News: Keane Bourke)

The company that runs the Perth Mint's cryptocurrency has announced it will no longer support the digital tokens because of alleged breaches of Australian and US laws by the taxpayer-owned organisation, in a move understood to have surprised the mint.

Trovio, a Singaporean-based technology company has run the Perth Mint Gold Token (PMGT), since 2019.

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