Montenegrin Minister of Finance and Social Welfare Milojko Spajić announced the creation of a blockchain andcryptocurrencydepartment, reportsRTCG.
The department, as announced, aims to create a new pillar of the Montenegrin economy through the regulation of the crypto market in Montenegro.
“The Ministry of Finance’s Blockchain and Cryptocurrency Department will help the citizens of Montenegro become familiar with the world of blockchain and cryptocurrencies, as well as establish a safe and fair regulatory framework for the growth of this sector of our economy,” the minister said in a statement.
Ethereum cryptocurrency founder Vitalik Buterin has received Montenegrin citizenship
A week earlier, the Ministry of Finance and Social Welfare (IFSS) announced that one of the leading experts in the blockchain industry, Ethereum founder Vitalik Buterinhad received Montenegrin citizenship.
“Vitalik Buterin, as the most recognizable name in this industry and the founder of Ethereum, will contribute to the further promotion of Montenegro and the overall development of thecrypto industryin our country. Montenegro is working on creating a legal framework that will allow this technology to be used to the fullest and will contribute to the growth of gross domestic product,” the IFSS said in a statement.
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