Steve Tendon to Head Marshall Islands' Native CryptocurrencySteve Tendon to Head Marshall Islands' Native Cryptocurrency
By Crypto Digest - January 14, 2019

The government of the Marshall Islands, headed by Hilda Heine, is immovable in its resolve to issue and official cryptocurrency to avoid an exclusive dependence on the U.S. Dollar. The Sovereign (SOV) is a token that the government will be created through presidential decree and and will circulate together with the U.S. Dollar as the official currency of the nation. The U.S. and the Inter Monetary Fund led by a group of congressmen to issue a no-confidence motion. However, The Islands rely on Tendon's success with Malta to get them through this roadblock.