Marshall Islands Rejects IMF Concerns to Launch ‘Sovereign’ (SOV) Digital Currency as Legal Tender

The Sovereign (SOV) digital currency looks set to become the first decentralized national digital currency. It could be used in the Marshall Islands on an equal footing with the US dollar. Such cryptocurrency as legal tender, even in a small state, is a larger step on the path to crypto-adoption. Island State Passes Bill to Create SOV Despite IMF Objections The Marshall Islands says it’s the first country ever to accept a cryptocurrency as national legal tender. It passed a key bill this week for SOV’s creation. According to reports by the publication Haaretz the plans had been hotly debated

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PG&E Stock Soars 50% as Investors Brush off Bankruptcy Concerns

By CCN.com: Pacific Gas and Electric (PG&E) recently floated the notion that it will probably be filing for bankruptcy. The Wall Street Journal calls this the first “climate change bankruptcy.” The company may be liable for billions in damages from recent wildfires in California. California’s fire agency found in June that PG&E’s equipment was to blame … Continued

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Ivanka Trump Dominating World Bank Presidency Story, but Do Bigger Concerns Lie Ahead?

News emerged from the White House on Monday that Ivanka Trump, daughter of US President Donald Trump, is to play an essential role in the identification of the US candidate for the recently vacated position as World Bank President. There are reports circulating that Ms. Trump herself has been under consideration for the role. These … Continued

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The Crypto Anarchist Manifesto, from ’88, is incredibly accurate to Bitcoin: “The State will of course try to slow or halt the spread of this technology, citing national security concerns, use of the technology by drug dealers & tax evaders, & fears of societal disintegration.”

The Crypto Anarchist Manifesto, from '88, is incredibly accurate to Bitcoin: "The State will of course try to slow or halt the spread of this technology, citing national security concerns, use of the technology by drug dealers & tax evaders, & fears of societal disintegration." submitted by /u/frankreddit5
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Bitcoin – The Currency of the Internet

Bitcoin [BTC] briefly goes down to $5400 in India after regulatory concerns – Exchanges say …

At press time, the price of Bitcoin [BTC] in Unocoin, an Indian cryptocurrency exchange was Rs. 3,89,000 (~$ 5994) and Ethereum [ETH] was trading at Rs. 21,289 (~$ 328) which much lower than the global prices. Bitcoin according to Price.Ambcrypto and Coinmarketcap.com was at press time trading at …
Google Alert – bitcoin

Bitcoin slumps further as Japan and SEC revive regulatory concerns

Bitcoin slumped for a third day amid fears of a regulatory clampdown on cryptocurrency exchanges in Japan and the US, the world's most active markets for digital assets. The biggest virtual currency declined more than 3 percent in early Asia trading, extending its slump below $ 10,000, after Japan's …
Google Alert – bitcoin