The Central Financial institution of Montenegro introduced on April 11 that it has signed an settlement with for the event of a technique and pilot program for a Montenegrin digital forex within the type of a central financial institution digital forex, or a stablecoin. The nation has used the euro as its forex since its introduction in 2002, though it’s not a part of the euro zone.
“Extra particulars will likely be revealed later within the yr,” James Wallis, RippleX’s Vice President for Central Financial institution Commitments and CBDCs, instructed Cointelegraph in a written interview. “The undertaking will undergo a number of levels, together with figuring out the sensible software of a nationwide digital forex or stablecoin.”
Proceed studying on Coin Telegraph
