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Algorand and SFB to Power Marshall Islands Central Bank Digital Currency

SFB Technologies, a full-cycle digital agency focused on blockchain development has announced that Alogorand’s blockchain protocol will be used to develop the national digital currency of the Marshall Islands dubbed Marshallese Sovereign (SOV).

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.

Marshall Islands Government Votes to Move Forward With Plan for State Cryptocurrency

The Republic of the Marshall Islands will move forward with its plan to introduce its own cryptocurrency, despite a vote of no confidence against President Hilda Heine’s support of the venture, according to reports on Tuesday.

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.