Marshall Islands to issue state-backed cryptocurrency despite IMF pressure - DecryptsteemCreated with Sketch.

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Year-long plans by the Republic of the Marshall Islands to escape its dependence on the U.S. dollar and issue its own state-backed cryptocurrency could soon become a reality.

David Paul, the Minister-in-Assistance to the President of the Marshall Islands, published an essay on Wednesday in which he explained why the country is moving forward with its plans. According to the post, Minister Paul will provide further details about the Marshall Islands’ crypto, the Sovereign, next week at the Invest: Asia 2019 conference.


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which he explained why the country is moving forward with its plans.

Minister Paul will provide further details about the Marshall Islands’ crypto, the Sovereign, next week