❓ Mr. Love questions the Minister for Mines and Petroleum regarding conflicting statements about the Perth Mint Gold Token and Trovio's withdrawal of support. The Minister maintains the Perth Mint's decision to withdraw, citing simplification of business operations.
AnsweredQoN 182Legislative Assembly
QuestionView source ↗
GOLD CORPORATION —
PERTH MINT GOLD TOKENS
182. Mr R.S. LOVE to the Minister for Mines and Petroleum:
I refer to the Perth Mint Gold
Token, the recent announcement from Trovio that considering recent allegations,
it has decided to no longer support the
product, and the fact that the minister claimed yesterday that it was a Perth
Mint decision to step away from this
crypto trading. Does the minister maintain that position, given Trovio's
press release unequivocally states that it was its decision to step away
from the Perth Mint; and, if so, can the minister explain to the house why the
Perth Mint withdrew from the arrangement?
PERTH MINT GOLD TOKENS
182. Mr R.S. LOVE to the Minister for Mines and Petroleum:
I refer to the Perth Mint Gold
Token, the recent announcement from Trovio that considering recent allegations,
it has decided to no longer support the
product, and the fact that the minister claimed yesterday that it was a Perth
Mint decision to step away from this
crypto trading. Does the minister maintain that position, given Trovio's
press release unequivocally states that it was its decision to step away
from the Perth Mint; and, if so, can the minister explain to the house why the
Perth Mint withdrew from the arrangement?
AnswerView source ↗
Yes. As I said yesterday,
we made the decision some time ago to withdraw from the Perth Mint Gold Token.
I remind the Leader of the Opposition that it is not a product of the
Perth Mint. Even though it was branded in the Mint's name, it was the
product of a commercial partner. The Mint was negotiating the arrangements for
the closure of the product. I note Trovio's media statement. If the Leader
of the Opposition wants to ask me about that, of course, it is not in
accordance with the standing orders. I cannot be asked about its behaviour; I can
be asked only about matters under the
control of me, as the minister. But, yes, it was the decision of the Mint to
withdraw from the product . The Leader of the Opposition asked why we
decided to do that. Ever since I took on the portfolio, I have been urging the
Mint to simplify its business, and that is exactly what both Sam Walsh and
Jason Waters told the media conference yesterday when they were asked a very
similar question.
we made the decision some time ago to withdraw from the Perth Mint Gold Token.
I remind the Leader of the Opposition that it is not a product of the
Perth Mint. Even though it was branded in the Mint's name, it was the
product of a commercial partner. The Mint was negotiating the arrangements for
the closure of the product. I note Trovio's media statement. If the Leader
of the Opposition wants to ask me about that, of course, it is not in
accordance with the standing orders. I cannot be asked about its behaviour; I can
be asked only about matters under the
control of me, as the minister. But, yes, it was the decision of the Mint to
withdraw from the product . The Leader of the Opposition asked why we
decided to do that. Ever since I took on the portfolio, I have been urging the
Mint to simplify its business, and that is exactly what both Sam Walsh and
Jason Waters told the media conference yesterday when they were asked a very
similar question.
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