Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: micko09 on June 22, 2018, 09:48:19 AM

Title: Marshall Islands 1st country to launch own cryptocurrency as legal tender
Post by: micko09 on June 22, 2018, 09:48:19 AM

The Marshall Islands has put a bill in place to make a cryptocurrency named the Sovereign (SOV) its national legal currency. The development is particularly interesting because, as the legal tender of a non-sanctioned UN member country, global financial institutions (banks and credit card companies) are obligated to accept it. The country will continue to use the US dollar alongside the SOV. Know more by joining the SOV official Telegram group: https://t.me/officialsov

Source: https://www.rt.com/business/420419-marshall-islands-sovereign-cryptocurrency/

Title: Re: Marshall Islands 1st country to launch own cryptocurrency as legal tender
Post by: ambar33n on June 23, 2018, 02:20:06 PM

Thankyou so much for sharing this information, I thought of adding a little more to it that UAE's currency is Dirhams but a Real Estate Company named Arabian Escapes recently took an initiative that they are accepting cryptocurrency for properties and they also have more services.
You can check more yourself at,
http://ae-btc.com/