Marshall Islands prepares to issue their own cryptocurrency
The goal for the sovereign nation was to have their own currency which would be free from the control of any other nation.
Latest Marshall Islands News
Marshall Islands creating the Sovereign, its own digital currency
The Marshall Islands wants to move to a bankless, fiat-less society, so its creating the Sovereign.
Marshall Islands taps Swiss firm for sovereign crypto banknotes
The Marshall Islands has procured the services of Swiss-based Tangem for the production of physical blockchain banknotes for its official currency.
Marshall Islands gives update on its Sovereign cryptocurrency
the Marshall Islands’ plan to introduce a digital currency as the nation’s legal tender is showing signs of progress. The Sovereign (SOV) could come to life as early as this year.
Marshall Islands pushes forward with digital currency plan
The unsuccessful removal of country’s president, Hilda Heine shed hope of the plan to have its own state-backed cryptocurrency called the Sovereign.
Will Marshall Islands abandon plans to introduce crypto as national currency?
The plan of Marshall Islands to introduce a new national currency have been welcome with considerable resistance by the international currency and there are now concerns that the country may have to scrub the plans.
IMF advises Marshall Islands against using crypto as legal tender
The International Monetary Fund (IMF) has cautioned against plans to issue cryptocurrency as a form of legal tender in the Republic of the Marshall Islands.
Marshall Islands makes cryptocurrency legal tender
Marshall Islands is reportedly looking to offer a proprietary digital currency, which would be legal tender alongside the local fiat currency.
Marshall Islands plans ‘Sovereign’ cryptocurrency launch
The country, home to just 70,000 people, is poised to become the second country after Venezuela to launch a state-backed cryptocurrency.