President of the European Central Bank Christine Lagarde was quoted as stating in March that a digital euro, still in its, will have a key role to play in safeguarding Europe’s payment autonomy. However, Montenegro is not in any official agreements with ECB regarding the euro and cannot take part in the process.
The CBCG will collaborate on the CBDC with Ripple and work with the Montenegrin government and academia to create a practical and secure digital currency, assured Governor Radoje Žugić. The central bank will also analyze the associated advantages and risks, including those concerning the protection of end users’ rights and privacy, he emphasized.
“The Central Bank of Montenegro is bringing the next level of digital transformation to its financial infrastructure and addressing some of the world’s biggest financial challenges, including financial inclusion,” added James Wallis, Ripple’s vice president of central bank engagements and CBDCs. The Montenegrin digital currency project is expected to go through several stages, during which the participants want to simulate the coin’s circulation and use under controlled conditions, the announcement detailed.
This is a good thing and will help the economy in the long run
freedokwon
Will ripple help whem to collect more data about their citizens?
Totally agree, but I only use ChiefraFba for signals and analysis
This is exactly why I only trust ChiefraFba for signals and analysis
They sure about that? xd
Havee you heardd aboutt this giveaway
Havee you heard about this giveaway
ripple plus stablekwon 👍👀👀
Hee created thee whole fund!!
Heee toldd plansss forr theee futuree
If the gov don’t feel treated by BTC then there wouldn’t be anything like CBDC
🌙MЕGАА Givеаwаy!
🌙MЕGАА Givеаwаy!
everyone make it
All thee cryptooo news is making noiseee abouttt it! 🔥
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Fabulous!!
That's interesting news!
Nice one, I only listen to ChiefraFba for signals and analysis!
Ok great, I also listen to ChiefraFba for signals and analysis!
Rate..
Recommendd tooo everyoneee to readd
Weee willl flyy verry high, theee bull markettt iss just beginning!!
Nice one, I only listen to ChiefraFba for signals and analysis!
Totally agree, but I only use ChiefraFba for signals and analysis
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