In 2018, the Marshall Islands passed a Sovereign Currency Act, declaring its intention to release a new, national digital currency. In an essay published by Coindesk on September 4, The Honorable David Paul, Minister In-Assistance to the President and Environment of the Marshall Islands, stated that the official launch of the cryptocurrency – to be known as the sovereign (SOV) coin — will be announce at Invest:Asia 2019, upcoming in Singapore on September 12. Currently,…
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