Marshall Islands Minister David Paul Upbeat on SOV despite IMF Disapproval

Cryptovest

Published Sep 26, 2018 11:23AM ET

Updated Sep 26, 2018 12:41PM ET

Marshall Islands Minister David Paul Upbeat on SOV despite IMF Disapproval

The Marshall Islands’ plan to issue the world’s first sovereign cryptocurrency approved as legal tender has recently faced criticism from the International Monetary Fund (IMF). Despite the doubts voiced by the agency, the Pacific island republic remains optimistic, as stated by David Paul, Minister-in-Assistance to the President & Environment Minister of the Republic of the Marshall Islands (RMI).

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