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Cryptocurrency a word which was new a few years back, came out of nowhere and now slowly started getting recognition from different institutions and organization.
In a post I shared month ago we talked of statement from World bank that cryptocurrency my help Developing Nations. And then come statement from another Reputed organization IMF that cryptocurrency regulation is inevitable.
Not even a month is past and Marshall Island launched it's own cryptocurrency to become the first country in the world to recognise cryptocurrency as legal tender.
This move is done not only to make cryptocurrency legal in island but also launched soveregian (SOV) under soveregian Currency Act in a bid to raise money.
The cryptocurrency will have its value having equal status with US dollar.
I am sure this move will not only bring good fortune for the country but also help eliminate    corruption from the system.

[SOURCE](https://www.rt.com/business/420419-marshall-islands-sovereign-cryptocurrency/)

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