Central Bank of Montenegro( CBCG), to launch the country’s national digital currency Ripplepartnered with.
Making a statement on the subject, the President of the Central Bank of Montenegro Radoje Zugic“As a central bank committed to keeping up with current national banking trends, CBGC actively ensures the maintenance of an efficient financial system.”
The Project Will Go Through Many Testing Phases
Central Bank of Montenegroto develop a strategy and pilot program to launch the digital currency Ripplehad an agreement with.
Central Bank of MontenegroThe project, which will be developed in collaboration with Ripple and Ripple, will go through several stages to identify the practical application of the digital currency and simulate its circulation under controlled conditions.
Another name commenting on the subject is Ripple’s central bank participations and CBDCVice President of Responsible James Wallis it happened. “The Central Bank of Montenegro is bringing the next level of digital transformation to its financial infrastructure and is tackling some of the world’s biggest financial challenges, including financial inclusion,” Wallis said in a statement.
Wallis, in the continuation of his speech CBCGto launch the first digital currency of RippleHe also added that they are pleased to partner with him.
