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Topic: Marshall Islands 1st country to launch own cryptocurrency as legal tender (Read 108 times)

jr. member
Activity: 174
Merit: 6
1st ? What about petro?
sr. member
Activity: 1470
Merit: 325
The Marshall Islands has put a bill in place to make a cryptocurrency named the Sovereign (SOV) its national legal currency. The development is particularly interesting because, as the legal tender of a non-sanctioned UN member country, global financial institutions (banks and credit card companies) are obligated to accept it. The country will continue to use the US dollar alongside the SOV. Know more by joining the SOV official Telegram group: https://t.me/officialsov

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

in truth its just a banking cartel that launches that cryptocurrency,

we have serious problems worldwide with banking cartels being able to delude the public and pretend they represent a country.

regards
newbie
Activity: 83
Merit: 0
The Marshall Islands has put a bill in place to make a cryptocurrency named the Sovereign (SOV) its national legal currency. The development is particularly interesting because, as the legal tender of a non-sanctioned UN member country, global financial institutions (banks and credit card companies) are obligated to accept it. The country will continue to use the US dollar alongside the SOV. Know more by joining the SOV official Telegram group: https://t.me/officialsov

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