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Marshall Islands Shuns USD, Goes Full Crypto with National Cryptocurrency

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By CCN: The Marshall Islands has announced that it will be launching an independently monitored cryptocurrency system for use across the country. The fiat-based cryptocurrency will be governed by consensus as well as a board of seven people, three of whom will be elected by the other four who are chosen. No More USD? Marshall Islands Approves Official ‘Sovereign’ Cryptocurrency in 2018 With ICO https://t.co/PwxY77clF5 — CCN.com (@CCNMarkets) February 28, 2018 Marshall Islands Marches Ahead With Ambitious Blockchain Project According to a press release, the SOV Development Fund will establish this new fiat cryptocurrency. “The Fund’s mandate is to support

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* First published on ccn.com

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