‘Sovereign’ Crypto in the Marshall Islands

‘Sovereign’ Crypto in the Marshall Islands

‘Declaration and Issuance of the Sovereign Currency Act, 2018, has been passed in the Republic of the Marshall Island. The bill detailed on the issuance of blockchain technology-based digital currency called the Sovereign or SOV as a legal tender in addition to USD. The Ministry of Finance would introduce the crypto through an ICO offer, the bill elaborated.

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