{"id":907,"date":"2023-01-31T08:09:14","date_gmt":"2023-01-31T08:09:14","guid":{"rendered":"https:\/\/www.cryptometer.io\/news\/?p=907"},"modified":"2023-01-31T08:09:18","modified_gmt":"2023-01-31T08:09:18","slug":"montenegro-and-ripple-partner-on-cbdc-pilot-project","status":"publish","type":"post","link":"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/","title":{"rendered":"Montenegro and Ripple Partner on CBDC Pilot Project"},"content":{"rendered":"\n

Montenegro’s Prime Minister, Dritan Abazovi, said on Twitter that his country is working with Ripple to create a digital currency. At Davos, Abazovi met with vice president James Wallis and CEO Brad Garlinghouse of Ripple.<\/p>\n\n\n\n

Abazovi’s speech was about a central bank digital currency (CBDC). He said, \u201cIn cooperation with @Ripple and the Central Bank, we launched a pilot project to build the first digital currency or stablecoin for Montenegro.\u201d<\/p>\n\n\n\n

Since 2002, the country has not used its own currency, instead opting to use the Euro. As a result, this is an auspicious step forward for the country’s domestic digital currency. Thus yet, the Prime Minister’s use of Twitter has been limited to confirming the existence of a joint effort to initiate a CBDC test program.<\/p>\n\n\n\n

The government of Montenegro has been trying for months to establish a foothold in the cryptocurrency market. A \u201cFuture Now\u201d panel was conducted in April, and Ethereum co-creator Vitalik Buterin was among the speakers. It was then that Buterin supposedly received Montenegrin citizenship, sparking a lot of speculations.<\/p>\n\n\n\n

While coverage of the partnership with Ripple was extensive in local media shortly after its announcement on January 18, it took a couple of days for the news to spread worldwide.<\/p>\n","protected":false},"excerpt":{"rendered":"

Montenegro’s Prime Minister, Dritan Abazovi, said on Twitter that his country is working with Ripple to create a digital currency. At Davos, Abazovi met with vice president James Wallis and CEO Brad Garlinghouse of Ripple. Abazovi’s speech was about a central bank digital currency (CBDC). He said, \u201cIn cooperation with @Ripple and the Central Bank, […]<\/p>\n","protected":false},"author":9,"featured_media":908,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[24,43],"tags":[],"class_list":{"0":"post-907","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain","8":"category-general-news"},"acf":[],"yoast_head":"\nMontenegro and Ripple Partner on CBDC Pilot Project<\/title>\n<meta name=\"description\" content=\"Montenegro's prime minister proposed a central bank "digital currency" project with Ripple.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Montenegro and Ripple Partner on CBDC Pilot Project\" \/>\n<meta property=\"og:description\" content=\"Montenegro's prime minister proposed a central bank "digital currency" project with Ripple.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoMeter.io\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-31T08:09:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-31T08:09:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cbdc.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Elijah Dokubo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CryptoMeterIO\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoMeterIO\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Elijah Dokubo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/\"},\"author\":{\"name\":\"Elijah Dokubo\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/e27f1d2cc20e9f83c6fa2f0bf82e5156\"},\"headline\":\"Montenegro and Ripple Partner on CBDC Pilot Project\",\"datePublished\":\"2023-01-31T08:09:14+00:00\",\"dateModified\":\"2023-01-31T08:09:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/\"},\"wordCount\":215,\"publisher\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cbdc.jpg\",\"articleSection\":[\"Blockchain\",\"General News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/\",\"url\":\"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/\",\"name\":\"Montenegro and Ripple Partner on CBDC Pilot Project\",\"isPartOf\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cbdc.jpg\",\"datePublished\":\"2023-01-31T08:09:14+00:00\",\"dateModified\":\"2023-01-31T08:09:18+00:00\",\"description\":\"Montenegro's prime minister proposed a central bank \\\"digital currency\\\" project with Ripple.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/#primaryimage\",\"url\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cbdc.jpg\",\"contentUrl\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cbdc.jpg\",\"width\":800,\"height\":450,\"caption\":\"Source: outlookindia\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.cryptometer.io\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Montenegro and Ripple Partner on CBDC Pilot Project\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#website\",\"url\":\"https:\/\/www.cryptometer.io\/news\/\",\"name\":\"CryptoMeter.io\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\"},\"alternateName\":\"CryptoMeter.io\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.cryptometer.io\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\",\"name\":\"CryptoMeter.io\",\"url\":\"https:\/\/www.cryptometer.io\/news\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1\",\"width\":512,\"height\":512,\"caption\":\"CryptoMeter.io\"},\"image\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/x.com\/CryptoMeterIO\"],\"publishingPrinciples\":\"https:\/\/www.cryptometer.io\/news\/about-us\/\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/e27f1d2cc20e9f83c6fa2f0bf82e5156\",\"name\":\"Elijah Dokubo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/be6f23f2615c4526a38b2b437ce3385550592bb3ac3eeaf4a4072dfb5bcb1557?s=96&d=retro&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/be6f23f2615c4526a38b2b437ce3385550592bb3ac3eeaf4a4072dfb5bcb1557?s=96&d=retro&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/be6f23f2615c4526a38b2b437ce3385550592bb3ac3eeaf4a4072dfb5bcb1557?s=96&d=retro&r=g\",\"caption\":\"Elijah Dokubo\"},\"description\":\"Elijah Dokubo is a cryptocurrency and blockchain technology writer. He has been watching the development of these technologies for several years and thinks they could change a lot of different industries. He also specializes in technical analysis to help traders make better judgments.\",\"url\":\"https:\/\/www.cryptometer.io\/news\/author\/elijahdokubo\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Montenegro and Ripple Partner on CBDC Pilot Project","description":"Montenegro's prime minister proposed a central bank \"digital currency\" project with Ripple.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/","og_locale":"en_US","og_type":"article","og_title":"Montenegro and Ripple Partner on CBDC Pilot Project","og_description":"Montenegro's prime minister proposed a central bank \"digital currency\" project with Ripple.","og_url":"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/","og_site_name":"CryptoMeter.io","article_published_time":"2023-01-31T08:09:14+00:00","article_modified_time":"2023-01-31T08:09:18+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cbdc.jpg","type":"image\/jpeg"}],"author":"Elijah Dokubo","twitter_card":"summary_large_image","twitter_creator":"@CryptoMeterIO","twitter_site":"@CryptoMeterIO","twitter_misc":{"Written by":"Elijah Dokubo","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/#article","isPartOf":{"@id":"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/"},"author":{"name":"Elijah Dokubo","@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/e27f1d2cc20e9f83c6fa2f0bf82e5156"},"headline":"Montenegro and Ripple Partner on CBDC Pilot Project","datePublished":"2023-01-31T08:09:14+00:00","dateModified":"2023-01-31T08:09:18+00:00","mainEntityOfPage":{"@id":"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/"},"wordCount":215,"publisher":{"@id":"https:\/\/www.cryptometer.io\/news\/#organization"},"image":{"@id":"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/#primaryimage"},"thumbnailUrl":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cbdc.jpg","articleSection":["Blockchain","General News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/www.cryptometer.io\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/","url":"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/","name":"Montenegro and Ripple Partner on CBDC Pilot Project","isPartOf":{"@id":"https:\/\/www.cryptometer.io\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/#primaryimage"},"image":{"@id":"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/#primaryimage"},"thumbnailUrl":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cbdc.jpg","datePublished":"2023-01-31T08:09:14+00:00","dateModified":"2023-01-31T08:09:18+00:00","description":"Montenegro's prime minister proposed a central bank \"digital currency\" project with Ripple.","breadcrumb":{"@id":"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/#primaryimage","url":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cbdc.jpg","contentUrl":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cbdc.jpg","width":800,"height":450,"caption":"Source: outlookindia"},{"@type":"BreadcrumbList","@id":"https:\/\/www.cryptometer.io\/news\/montenegro-and-ripple-partner-on-cbdc-pilot-project\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.cryptometer.io\/news\/"},{"@type":"ListItem","position":2,"name":"Montenegro and Ripple Partner on CBDC Pilot Project"}]},{"@type":"WebSite","@id":"https:\/\/www.cryptometer.io\/news\/#website","url":"https:\/\/www.cryptometer.io\/news\/","name":"CryptoMeter.io","description":"","publisher":{"@id":"https:\/\/www.cryptometer.io\/news\/#organization"},"alternateName":"CryptoMeter.io","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.cryptometer.io\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.cryptometer.io\/news\/#organization","name":"CryptoMeter.io","url":"https:\/\/www.cryptometer.io\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1","width":512,"height":512,"caption":"CryptoMeter.io"},"image":{"@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/CryptoMeterIO"],"publishingPrinciples":"https:\/\/www.cryptometer.io\/news\/about-us\/"},{"@type":"Person","@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/e27f1d2cc20e9f83c6fa2f0bf82e5156","name":"Elijah Dokubo","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/be6f23f2615c4526a38b2b437ce3385550592bb3ac3eeaf4a4072dfb5bcb1557?s=96&d=retro&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/be6f23f2615c4526a38b2b437ce3385550592bb3ac3eeaf4a4072dfb5bcb1557?s=96&d=retro&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/be6f23f2615c4526a38b2b437ce3385550592bb3ac3eeaf4a4072dfb5bcb1557?s=96&d=retro&r=g","caption":"Elijah Dokubo"},"description":"Elijah Dokubo is a cryptocurrency and blockchain technology writer. He has been watching the development of these technologies for several years and thinks they could change a lot of different industries. He also specializes in technical analysis to help traders make better judgments.","url":"https:\/\/www.cryptometer.io\/news\/author\/elijahdokubo\/"}]}},"jetpack_featured_media_url":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cbdc.jpg","_links":{"self":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts\/907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/comments?post=907"}],"version-history":[{"count":1,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts\/907\/revisions"}],"predecessor-version":[{"id":909,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts\/907\/revisions\/909"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/media\/908"}],"wp:attachment":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/media?parent=907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/categories?post=907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/tags?post=907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}