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legal tender News

Marshall Islands issues cryptocoin Sovereign as legal tender

Majuro - Little Marshall Islands is creating its own digital currency in order to raise cash, pay its bills, and help boost its economy. It will be the first country to recognize any cryptocurrency as legal tender.

Utah Reps. pass bill to allow gold, silver coins as legal tender

Salt Lake City - The state of Utah is on the verge implementing its own proto-Gold Standard. The House and Senate have voted in favor of HB317, which would make gold and silver coins legal tender. Governor Gary Herbert has until the end of the month to veto the bill.

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