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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Palestine May Launch Its Own Cryptocurrency as Sovereign Legal Tender (bitcoinmagazine.com)

Palestinian officials are planning for the region of Palestine to receive its own digital currency within the next five years. The motivation for this stems from concerns about potential Israeli interference, Azzam Shawwa, Governor of the Palestinian Monetary Authority (PMA), told the news agency Reuters.Palestinians have no sovereign currency of their own and use a combination of different currencies, including the euro, the dollar, the Jordanian dinar…

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