Tagged: david paul

Marshall Islands to Conduct Pre-Sale for Its Upcoming National Cryptocurrency

The Marshall Islands, an island country and a US associated state, is planning to issue its own government-backed cryptocurrency, the Marshallese sovereign (SOV).  The SOV will be introduced through a token pre-sale, according to an announcement made at CoinDesk’s Invest: Asia event, held on September… Read More

Marshall Islands Opposition Members Seeking to Oust Pro-Crypto President

Members of the opposition in the Marshall Islands have called for a non-confidence vote to oust the nation’s first-and-only female president, Radio New Zealand reports. The vote to oust Hilda Heine, who has previously backed a contentious plan to create a sovereign national cryptocurrency for… Read More

IMF Urges Marshall Islands Not to Issue National Cryptocurrency [u]

The Marshall Islands could end up putting its one remaining relationship with a US bank at risk if it moves forward with plans to issues a national cryptocurrency, the International Monetary Fund warns. The advice comes after the Executive Board of the International Monetary Fund (IMF)… Read More

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