Marshall Islands refused dollar in favor of Cryptocurrency

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text: Sinarevskaya Anna
photo: Nizhny Novgorod portal "Innov.ru"

Marshall Islands – the small state in the Pacific Ocean – refused dollar to pass to Cryptocurrency. About it reports the edition Internet-izdaniye The Verge.

Dollar while is official currency in the country where lives less than 55 thousand inhabitants. The bill of transition to Cryptocurrency was signed still in the beginning March, however it became known of it just now. The dollar will go still on islands, but it loses the official status. According to lawyers, Marshall Islands have on this right: they are the independent state and are presented to United Nations.

As for Cryptocurrency , it will be started soon. Process will begin with primary placements of tokens (ICO). The volume of release will limit to 24 million counters as a fight measure against inflation.

Marshall Islands – the state associated from United States of America. The capital and the largest city is Majuro. The main article of export – agricultural production, also fishery here is developed. And here with tourism of business are worse, than in other states of the region: on islands the infrastructure is not really well developed and to fly there rather expensively.