The logo for MazaCoin, a proposed digital currency that the Oglala Sioux Tribe has not officially endorsed.

National Public Radio is reporting that the Oglala Sioux Tribe of South Dakota has launched a digital currency even though its leader say that isn't the case.

NPR is the latest media outlet to make the claim. But President Bryan Brewer told the Native Sun News that the tribal council hasn't approved the so-called MazaCoin.

"As far as it being an official currency of the tribe that is not true at all. Any action like that would need to go through the council,” Brewer told the Native Sun News.

Payu Harris created the MazaCoin and has made references to the "Oglala Lakota Nation" and the "Traditional Lakota Nation" on his website and in media accounts. But nearly every story has failed to include the tribe's official stance.

Get the Story:
A Native American Tribe Hopes Digital Currency Boosts Its Sovereignty (NPR 3/7)

Related Stories:
Native Sun News: Oglala Sioux Tribe surprised by MazaCoin plan (3/7)