Latest News Of Sovereign Tag

Marshall Islands creating the Sovereign, its own digital currency

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.

Read More
Marshall Islands gives update on its Sovereign cryptocurrency

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.

Read More
Marshall Islands pushes forward with digital currency plan

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.

Read More
Will Marshall Islands abandon plans to introduce crypto as national currency?

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.

Read More
IMF advises Marshall Islands against using crypto as legal tender

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.

Read More
Marshall Islands plans ‘Sovereign’ cryptocurrency launch

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.

Read More