The tiny Marshall Islands is creating its own digital currency in order to raise some hard cash to pay bills and boost the economy.
FILE – In this April 3,2013, photo, a man holds a token beaing the symbol of a cryptocurrency at his shop in Sandy, Utah. The tiny Marshall Islands is creating its own digital cryptocurrency in order to raise hard cash to pay bills and boost the economy. The Pacific nation says it became the first country in the world to recognize a cryptocurrency as legal tender this week when it passed a law to create the digital “Sovereign” or SOV.
