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Marshall Islands Updates 2019 Roadmap for Sovereign Cryptocurrency

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The Marshall Islands’ plan to issue a sovereign cryptocurrency, dubbed ‘the Sovereign’ (SOV), appears to be progressing, with the Oceanic nation announcing that it will work alongside Steve Tendon, a former adviser to the Maltese Office of the Prime Minister regarding blockchain policy, in developing the virtual currency. Also Read: Latin American P2P Bitcoin Markets Defy … Read more

Russia Drafts Bill to Create Offshore Companies to Trade Cryptocurrencies

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The Russian Ministry of Finance is drafting a bill to allow the creation of offshore companies to trade cryptocurrencies. This follows the bill which the ministry recently published on the legal framework for cryptocurrencies. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Crypto Trading Offshore “The Ministry of Finance proposed to create … Read more