The Republic of the Marshall Islands has passed legislation that takes its already advanced law for decentralized autonomous organizations (DAOs) a step further.
Marshall Islands digital currency would ‘raise risks,’ says IMF
Thanks to COVID measures, the local economy may not recover until 2022.
Algorand Blockchain Chosen as Underlying Tech for Marshall Islands’ Digital Currency
Algorand was selected following “extensive market research among the leading protocol options.”
Why the Marshall Islands Is Issuing Its Own Cryptocurrency
The Marshall Islands is moving ahead with a plan to issue a sovereign currency built on blockchain, writes Minister David Paul.
Marshall Islands Sets Up Non-Profit to Oversee National Digital Currency
The Marshall Islands has set up a not-for-profit organization to oversee the Pacific nation’s digital legal tender, the SOV.
Swiss Startup to Produce ‘Banknotes’ for Marshall Islands’ Official Cryptocurrency
Swiss crypto wallet maker Tangem says the Marshall Islands has selected it to produce physical “notes” for its planned national digital currency.
IMF Advises Against Crypto as Legal Tender in Marshall Islands Report
The IMF says the Republic of the Marshall Islands should reconsider introducing a cryptocurrency as a second legal tender over perceived risks.
Meet the ‘Sovereign’: Marshall Islands Government to Issue Crypto Token
The tiny Republic of the Marshall Islands plans to sell a cryptocurrency, known as the Sovereign, to supplement the U.S. dollar as its legal tender.