Do mining claims on U.S. federal lands managed by the U.S. Bureau of Land Management (BLM) require the establishment of legislation in conformity with NatGold legislative policies before they can be tokenized in the NatGold ecosystem?

While U.S. Patented Land Claims offer a clear pathway for tokenization within the NatGold industry, given the presence of certified gold resources, the opportunity to obtain new Patented Land Claims was effectively closed in 1994. That year, the United States Congress enacted a moratorium that significantly restricted the issuance of new mineral patents, although it grandfathered existing claims that had fulfilled all requirements before its enactment.

To develop a truly global NatGold market, there is an urgent need for NatGold legislation that accommodates the digital mining of all certified gold resources. This legislation is critical not only at the federal and state levels in the United States but also internationally, aiming to establish a cohesive, globally recognized standard for the NatGold industry.

Enjoyed this news release? Subscribe to get Great Eagle News Updates! We’ll also register you to receive NatGold News & Insights from the International NatGold Council, featuring the latest industry news, expert analysis, and exclusive interviews. Subscribe Now!

Share This Story!

More Great Eagle Gold News