<table><tr><th>From:</th><th>jeffrey E. &lt;jeevacation@gmail.com&gt;</th></tr><tr><td>Sent:
To:</td><td>Thursday, March 1, 2018 1:34 AM
Steve Bannon</td></tr><tr><td>Subject:</td><td>Re:</td></tr></table>

The Republic of the Marshall Islands plans to release i=s own cryptocurrency to serve as an official legal tender, according to two government officials.

Members of parliament voted this week to proceed with the plan, Kenneth Kedi, a senator and the body's speaker, said in a phone interview. A counc=l still has several days to object, a move he said is unlikely.

The digital coin, to be known as the Sovereign, will probably be issued this year, David Paul, minister-in-assistance to the president, said i= a phone interview. The government will arrange an initial coin offering and exchanges will be allowed to apply to trade the currency, he said. The move is seen as a way to bolster local budgets, he said.

"This was specifically targeted for the long-term needs =f the country," Paul said.

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Roughly 70,000 people live in the Marshall Islands, a collection of more than 1,100 islands and islets in the Pacific. Some proceeds from the crypto offering will be used to provide health care to locals affected by U.S. nuclear tests conducted in the area decades ago, Paul said.

On Wed, Feb 28= 2018 at 6:42 PM, Steve Bannon wrote:

To have breakfast with Jared

On Feb 28, 2018, at 6:37 PM, jeffrey E. <jeevacation@gmail.com <mailto:jeevacation@g=ail.com» wrote:

MBS coming to wash 19th

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## =AO please note

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