bitcoinBTC/USD
$ 20,198.00
ethereumETH/USD
$ 1,145.68
tetherUSDT/USD
$ 1.00
cardanoADA/USD
$ 0.465167
xrpXRP/USD
$ 0.326643
usd-coinUSDC/USD
$ 1.00

Vitalik Buterin of Ethereum Is Rewarded Citizenship by Montenegro

Citizenship was granted on the proposal of Zdravko Krivokapic, the Prime Minister, and Milojko Spajic, the Finance Minister of Montenegro.

Montenegro, a small Balkan country, appears to be trying to become a regional crypto powerhouse.

Vitalik Buterin, the founder of Ethereum (ETH), has been awarded citizenship by Montenegro, a small nation in the Balkans. Citizenship was granted on the proposal of Zdravko Krivokapic, the Prime Minister, and Milojko Spajic, the Finance Minister of Montenegro.

The Finance Minister, Milojko Spajic, took to his Instagram account on Monday to reveal the following: “Today, I had the pleasure to give Vitalik Buterin a Montenegrin citizenship as a sign of gratitude for everything he has done and will do for our country.” Spajic also said that “he [Buterin] will, as the most famous name of this industry, contribute to the further promotion of Montenegro and the overall development of the crypto industry in our country.” Additionally, Spajic tweeted a photograph of Buterin and himself in which the founder of Ethereum (ETH) is carrying a passport of Montenegro.

On April 7, Montenegro hosted a cryptocurrency conference dubbed “Future Now!” where panelists were Vitalik Buterin, Ethereum (ETH) researcher Vlad Zamfir, and law professor Boris Mamlyuk.

There, the cryptocurrency professionals addressed cryptocurrency regulation, government adoption, and other subjects with minister Spajic, giving their perspectives and insights in order to assist Montenegro in its aspirations to become a crypto powerhouse in the region. 

A small nation in the Balkans with a population of around 620,000 people has just begun to make efforts toward building its cryptocurrency business to the point where it can compete with tourism and energy as a main economic engine. The 34-year-old finance minister Spajic is spearheading the effort, believing that the blockchain business may make up for roughly 30% of the GDP of Montenegro in less than 5 years to come.

Speaking for Mina, a local news outlet, Spajic confirmed that “I think that in three years, the blockchain [industry] can account for about 30 percent of the Montenegrin economy, i.e., contribute an additional 1.5 billion to two billion euros to the gross domestic product (GDP).” 

Vitalik Buterin has yet to corroborate the report, and Spajic has subsequently removed his initial tweet proclaiming Montenegro’s citizenship award to the founder of Ethereum (ETH). Nevertheless, the finance minister’s official Instagram post remains.

Also read:

Related News

In order to share their doubts about the industry, the first anti-crypto conference attendees are hoping to get a word with officials from the government.

Crypto Policy Symposium 2022: The First Anti-Crypto Conference

In order to share their doubts about the industry, the first anti-crypto conference attendees are hoping to get a word with officials from the government. Critics of the industry and doubters have joined together to host their own anti-crypto conference where they can express their doubts and connect with legislators in the midst of the most recent crypto bear market. The Crypto Policy Symposium promises to provide skeptics a platform

Read More »
One of the co-founders of OpenSea, the largest Non-Fungible Token (NFT) market in the Web 3.0 ecosystem, Alex Atallah, has stated that by the end of July, he will step down as active manager while remaining on the board.

Co-Founder Of OpenSea Announces He Is Stepping Down As Active Manager

One of the co-founders of OpenSea, the largest Non-Fungible Token (NFT) market in the Web 3.0 ecosystem, Alex Atallah, has stated that by the end of July, he will step down as active manager while remaining on the board. Atallah, who co-founded OpenSea with CEO Devin Finzer in 2017, has played a significant role in the growth of the business. His responsibilities have included community and marketing and product development, among other

Read More »
Updates have been provided on the current service freeze and new recovery efforts were outlined by the company.

Potential Solutions Are Being Considered By Celsius

Strategic deals and liabilities restructuring are being explored by Celsius. Updates have been provided on the current service freeze and new recovery efforts were outlined by the company. On June 12th, all transitions, withdrawals, and swaps were put on pause by Celsius and as of now, the company is looking for ways to recover. “Important steps to preserve and protect assets and explore options” are being taken by the company, per

Read More »

My Coins

bitcoinBitcoin
$ 20,198.005.71%
ethereumEthereum
$ 1,145.688.12%
cardanoCardano
$ 0.4651673.73%
tetherTether
$ 1.000.06%

Newest Videos on YouTube

We inform and educate people about Cryptocurrencies and Blockchain technology.

© Copyright 2021, All Rights Reserved,
Crypto Academy

Bitcoin

Contact Us

For any question conatct us through:

sales@crypto-academy.org

Disclaimer: All information and materials on this website are for educational purposes only. Crypto-academy.org does not provide any form of financial advice. Cryptocurrencies are highly volatile, therefore any form of investing carries a high level of risk to your capital. It is recommended that you seek professional advice prior to implementing any investment or financial plan.

We do not ask you for your Cryptocurrency / We do not hold your Coins / We do not ask for Private Keys / Be aware of scammers and imposters.

Contact us only through: sales@crypto-academy.org