A brief history of digital gold currency
A small island country in the Pacific has plans to launch its own government-issued cryptocurrency called the Marshallese sovereign SOV.
But once launched, Paul estimated it would be 18 to 24 months, or even less, before the real SOV is made available to the public. One of the primary reason for doing this pre-sale, according to Paul, is to get a sense of the levels of liquidity and market interest in the SOV cryptocurrency.
You have to look at how to establish liquidity. Apart from gauging market interest, Paul and his team at the non-profit SOV Development Foundation are also focused on addressing regulatory concerns surrounding the SOV raised by other countries and international organizations. Even the U. However, following nearly a year of internal discussions, Paul affirmed that U. It has to be transparent. It has to be inclusive.
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Regulatory concerns Apart from gauging market interest, Paul and his team at the non-profit SOV Development Foundation are also focused on addressing regulatory concerns surrounding the SOV raised by other countries and international organizations. Read more about Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
Year in Review Markets Daily. Adam B. Levine Bradley Keoun Dec 17, Bitcoin Price. Levine Bradley Keoun Dec 16,
Sovereign Coin (SOV) price graph
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Marshall Islands’ Sovereign Cryptocurrency Team Revises Strategy for 2019
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Marshall Islands to Work With Steve Tendon to Launch SOV
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