Offshore Tax Haven Marshall Islands to Issue National Cryptocurrency (news.bitcoin.com)

A small island nation with less than 60,000 inhabitants best known internationally as a former test site for nuclear weapons is joining the hottest new trend – issuing a national cryptocurrency. The planned Marshall Islands’ Govcoin is expected to be issued later this year.

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New “Sovereign” Cryptocurrency Will Be Legal Tender in the Marshall Islands (bitcoinmagazine.com)

The Republic of the Marshall Islands (RMI), an island country located near the equator in the Pacific Ocean with a population of about 50,000, is poised to become the first sovereign nation to issue a cryptocurrency that will be legal tender.The new currency is called “Sovereign” with the symbol “SOV.” The SOV, which will be distributed to the…

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