Marshall Islands Announces Ambition to Become a Global Leader in for-Profit DAOs

2022-12-24 14:45

Choices are limited for an isolated country like the Marshall Islands, situated between Australia and Hawaii. So, the tiny republic has chosen a less obvious path: Web3. The post Marshall Islands Announces Ambition to Become a Global Leader in for-Profit DAOs appeared first on BeInCrypto.

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marshall islands daos announces leader for-profit global

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Marshall Islands’ President and Plans for National Cryptocurrency Narrowly Survive Vote-of-no-Confidence

The plans to develop a national cryptocurrency are still intact after Hilda Heine, the president of the Republic of Marshall Island survived a crucial vote-of-no-confidence on Nov. 12th. The vote was split at 16-16, one vote short of the minimum number required to force Heine to resign as the head of state.

2018-11-15 16:29


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Marshall Islands forges ahead with national cryptocurrency

The Republic of Marshall Islands (RMI) president Hilda Heine has survived a vote of no confidence by just one vote, meaning her proposed national cryptocurrency is still on the cards. Heine’s opponents were unable to find the majority required to oust Heine over persistent plans to alleviate the nation’s reliance on the US dollar with a national cryptocurrency called “the Sovereign,” Nikkei Asian Review reports.

2018-11-12 19:42


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Marshalls President to Face No-Confidence Motion for Creating a Sovereign Crypto Currency Criticized by the IMF and the U.S Government

Marshall Islands President Hilda Heine’s plans to create a cryptocurrency that would function as a legal tender could be frustrated by the efforts of eight senators from the country who joined together to present a no-confidence motion after the IMF, and the United States expressed their disagreement.

2018-11-8 18:10


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Marshall Islands President Faces Vote-of-no-confidence After Pushing Ahead With Plans to Issue a National Cryptocurrency

Hilda Heine, the president of the Republic of Marshall Islands (RMI), is fighting for her political career after she allegedly defied the International Monetary Fund’s (IMF) advice and went ahead with the introduction of a new digital currency that the IMF considers to be a threat to the country’s financial stability.

2018-11-7 15:59