Tiny Pacific nation forges ahead with national cryptocurrency

The Republic of the Marshall Islands (RMI) is forging ahead with its plans to issue a blockchain-based, national currency – the Marshallese sovereign (SOV). This is in spite of naysayers (including the US government) predicting that it will be unstable, and/or will crash the local telecom system of this tiny Pacific island nation, and/or that it will be used for money laundering and/or to fund terrorism.

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