The Marshall Islands Announces the Establishment of the SOV Development Fund
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The Republic of the Marshall Islands today announced the establishment of the SOV Development Fund, a Marshallese not-for-profit organization. The Fund’s mandate is to support the government in the establishment, maintenance and implementation of the SOV, the Marshall Islands’ digital legal tender. In a pre-recorded video presentation to the Blockchain for Impact Summit at the […]
Cryptocurrency and China Influence Test Pacific Island’s Presidency
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Marshall Islands President Hilda Heine narrowly survived a vote of no confidence Monday after a political struggle over cryptocurrency and an alleged Chinese plan to seize control of an atoll. The 67-year-old sole Pacific female head of state survived the vote as parliament was split 16-16 and her opponents fell short of the 17 they […]
Marshalls President Heine Faces no Confidence Challenge
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The first and only female head of state of an independent Pacific island faces her first vote of no confidence next week. Eight senators introduced a motion of no confidence in Marshall Islands President Hilda Heine on Monday, the last of 50 sitting days for the parliament session this year. The constitution requires a vote […]