Decree 2-25: Establishment Of The Union Of Progressive Micronations Central Bank (UPMCB)
The Chairperson of the Union of Progressive Micronations (UPM), Jim S, has issued DECREE 2-25, officially establishing the Union of Progressive Micronations Central Bank (UPMCB). This institution will ensure financial stability, manage the union’s currency, the Union of Progressive Micronations Dollar (UPMD), and promote economic development across member states.
The UPMCB will also issue and regulate the UPMD, manage monetary supply, oversee financial institutions, advise relevant UPM bodies on economic and monetary matters, fund union-approved programs, develop and maintain internal monetary policies and tools, and manage foreign currency operations required for international expenditures.
Read the full decree here: https://media.upmgov.org/decrees/2025/2-25.pdf