Crucial Vote Pushes Marshall Islands Closer to a National Cryptocurrency

The president of the Marshall Islands survived a no-confidence vote after senators derided her plan to launch a national cryptocurrency. The nation is moving forward with the endeavor despite criticism from the IMF. Marshall Islands President Hilda Heine looks to have a clear mandate to keep pushing forward with her proposed state-backed cryptocurrency after navigating […]

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IMF: Crypto Growth ‘Could Create Vulnerabilities’ In Economy

The International Monetary Fund (IMF) briefly cautioned on the impact of cryptocurrency as part of a new report on global finances. Report Highlights ‘Sources Of Risk’ The body’s World Economic Outlook, highlighting “challenges to steady growth” going forward, suggested a relationship between cryptocurrency usage and the economy becoming more “vulnerable.” “Cybersecurity breaches and cyberattacks on […]

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