Marshall Islands

You Can Now Rent This Private Island Surf Resort for 1 Bitcoin

One bitcoin could buy you a week long getaway with 15 friends on the Beran Island Resort

Business  ·  22 February 2021

Algorand Blockchain Chosen as Underlying Tech for Marshall Islands’ Digital Currency

Algorand was selected following "extensive market research among the leading protocol options."

Tech  ·  3 March 2020
Marshall Islands

Why the Marshall Islands Is Issuing Its Own Cryptocurrency

The Marshall Islands is moving ahead with a plan to issue a sovereign currency built on blockchain, writes Minister David Paul.

Markets  ·  4 September 2019
Regulation

Marshall Islands Sets Up Non-Profit to Oversee National Digital Currency

The Marshall Islands has set up a not-for-profit organization to oversee the Pacific nation's digital legal tender, the SOV.

Policy & regulation  ·  6 June 2019
Security

Swiss Startup to Produce ‘Banknotes’ for Marshall Islands’ Official Cryptocurrency

Swiss crypto wallet maker Tangem says the Marshall Islands has selected it to produce physical "notes" for its planned national digital currency.

Policy & regulation  ·  29 January 2019
Cryptocurrency

IMF Advises Against Crypto as Legal Tender in Marshall Islands Report

The IMF says the Republic of the Marshall Islands should reconsider introducing a cryptocurrency as a second legal tender over perceived risks.

Markets  ·  11 September 2018
Legal

Meet the ‘Sovereign’: Marshall Islands Government to Issue Crypto Token

The tiny Republic of the Marshall Islands plans to sell a cryptocurrency, known as the Sovereign, to supplement the U.S. dollar as its legal tender.

Policy & regulation  ·  28 February 2018