pasific Ocean
The Marshall Islands, a small country in the Pacific Ocean, recently crypto-currency As a consultant, he announced hiring Steve Tendon, chairman of the Blockchain consulting company ChainStrategies.
In particular, the country announced last year that it wants to launch its own national encryption currency called Sovereign (SOV). Tendon was established to help Sovereign to develop and to ine prepare, design and regulate new encryption currencies T.
Tendon, especially the Blockcha He is the founder and president of the Association of Malta and serves as the Chief Technology Officer at anticipay, a fintech company. In the past, the nation was Strategic Advisor of the Prime Minister of Malta, which focused on attracting companies related to the blockchain and crypto currency.
Studies,
Crypto-currency conference called to crypto-change of the year Kr the building of and okex such as leading crypto currency exchanges, attracted some of the most prominent in the industry. However, Tendon is not the only major consultant Sovereign will have. The Chief Economist of the crypto currency, Peter Dittus, according to the SOV's blog posted at the Secretary-General of the International Bank of Experts on Medium.
Dittus said:
"Steve, Blockchain technology and is one of the leading experts in regulations. A blockchain outside the Marshall Islands will help draft and design regulations to develop a financial service economy. Marshall
According to blog posts, the Marshall Islands Marshall like the Cayman Islands Marshall are trying to develop as a region that claims to contain şekil 5% of the world's hedge funds benzer, although they have a population similar to the Marshall Islands.
Especially,
As covered by the CryptoGlobe, the International Monetary Fund (IMF) has warned the country not to launch a second legal tender (with USD) as a crypto currency. According to the IMF, the issuance of a decentralized encryption process as a second legal tender would increase the risks of macroeconomic and financial integrity and increase the risk of losing the correspondent banking relationship for the last US dollar.
Source: Cryptoglob to