Ripple selected by Montenegro to help develop its CBDC

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Ripple selected by Montenegro to help develop its CBDC Ripple crypto cryptocurrency

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A follow-up Tweet from Abazović further specified that the country was working in conjunction with its central bank to develop a new digital currency that can be used for payments in the country. Despite its small size, the country has seen its stature within the crypto ecosystem increase over the past year due to its openness to the nascent asset class, which has been integrated into several prominent industries in the country.

During the event, Montenegro awarded Buterin citizenship as part of an effort to entice crypto investors into the country.

Source: News Formal (newsformal.com)

 

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