« Electrolux halts $250 million project in Springfield, Tenn., after tariff announcement‘Big fat brick into hornet's nest’: Trump reportedly calls invasion of Iraq ‘worst decision ever’ »

Marshall Islands 1st country to launch own cryptocurrency as legal tender

March 5th, 2018
Categories: News

Link: https://www.rt.com/business/420419-marshall-islands-sovereign-cryptocurrency/

The Marshall Islands is creating its own digital currency in a bid to raise money. In doing so it becomes the first country in the world to recognize a cryptocurrency as legal tender.

The small Pacific Island nation passed the Sovereign Currency Act to create the ‘sovereign’, or SOV on Monday, following days of debate. The cryptocurrency will have equal status with the US dollar and, unlike many cryptocurrencies, users will have to reveal their identity in order to use SOV.

No feedback yet

News Share this page


News

May 2024
Sun Mon Tue Wed Thu Fri Sat
 << <   > >>
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31  

  XML Feeds

blog software
FAIR USE NOTICE: This site contains copyrighted articles and information about environmental, political, human rights, economic, democratic, scientific, and social justice issues, etc. This news and information is displayed without profit for educational purposes, in accordance with, Title 17 U.S.C. Section 107 of the US Copyright Law. Thepeoplesvoice.org is a non-advocacy internet web site, edited by non-affiliated U.S. citizens. editor
ozlu Sozler GereksizGercek Hava Durumu Firma Rehberi Hava Durumu Firma Rehberi E-okul Veli Firma Rehberi