Month: 十一月 2018

The Republic of the Marshall Islands (RMI) and their Sovereign

While it is not in the interest of this blog to talk about digital currencies, the Republic of the Marshall Islands is of interest (as it is a great jurisdiction to incorporate into). This year the country adopted theDeclaration and Issuance of the Sovereign Currency Act 2018. Results of the investigation: It appears that the President of the Marshall Islands (Hilda Heine) has (unfortunately) been convinced by an Israëli startup (Neema) that the project was a way to get US$30 million into the country’s budget ; With 12 million of the new currency units kept by the government, and distributed ... Read more