The Marshall Islands will launch its national cryptocurrency SOV through pre-sales.

According to CoinDesk, at the CoinDesk Investment Conference held on Wednesday, Marshall Islands Assistant President and Environment Minister David Paul said that the Republic of the Marshall Islands will launch SOV through pre-sale. It is reported that Marshall passed the "Sovereign Currency Act" last year and announced that it intends to issue a new currency, Sovereign (Sov), which will be used with the US dollar.