Marshall Islands Launches National Crypto With 'Fixed Supply'

The Marshall Islands has issued a national blockchain-based currency in a bid to “finally acquire monetary independence in a way that reflects Marshallese values.”
The issuance of the Marshallese sovereign (SOV) was announced in an essay by The Honorable David Paul — Minister In-Assistance to the President and Environment of the Marshall Islands — published by Coindesk on Sept. 4.

Source: https://www.coindesk.com/why-the-marshall-islands-is-issuing-its-own-cryptocurrency

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