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The Economic Plan of the Marshall Islands: Cryptocurrency SOV as a Legal Tender

In 2018, the Marshall Islands announced that it is working on developing a cryptocurrency that would effectively replace its current legal tender and become the official currency in the Oceanic republic. The new digital currency is called Sovereign Coin (SOV).Since the gradual rise of cryptocurrencies all the way back in

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Marshall Islands Official Explains National Crypto With Fixed Supply

An official from the Marshall Islands has published an essay explaining the country’s national cryptocurrency project ahead of the Invest: Asia 2019 conference.The issuance of the Marshallese sovereign (SOV) was discussed in an essay by The Honorable David Paul — Minister In-Assistance to the President and Environment of the

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