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Cryptocurrency: Marshall Islands creates its own virtual money to boost economy

The Pacific island nation said it became the first country in the world to recognise a cryptocurrency as its legal tender when it passed a law this past week to create the digital "Sovereign," or SOV. In the nation of 60,000, the cryptocurrency will have equal status with the US dollar as a form of payment.

from Google Alert - cryptocurrency http://ift.tt/2H2DMaB

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