Latest News Of Marshall Islands Tag
Business 7 June 2019
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.
Business 29 January 2019
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.
Business 16 January 2019
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.
Business 16 November 2018
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.
Business 13 November 2018
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.
Business 12 September 2018
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.
Business 6 July 2018
Marshall Islands moves from fiat to crypto, but misses boat on its digital currency solution
The Marshall Islands is transitioning from fiat to cryptocurrency as currency in commerce.
Business 10 May 2018
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.
Business 2 March 2018
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.