The Marshall Islands’ project says its creation of a digital sovereign currency, named SOV, aims to be a “game-changer”.
They’ll be issuing what’s called “preSOV,” which will later convert into SOV.
We’ll test all the regulatory and compliance provisions, and we’ll be able to test the technology.”The Sovereign Currency Act of 2018 passed on February 26, 2018, allowing the nation to start developing its digital currency project.
As for the preSOV, the lawyer says they’re hoping to begin issuing the preliminary token within “the next couple of months”.
They admit that they still need to refine the way cryptocurrency is presented to people who don’t have a technology background.

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