The Montenegrin government has granted Vitalik Buterin citizenship

The Montenegrin government has reportedly appointed Vitalik Buterin, the founder of Ethereum, its newest citizen to kick off its commitment to become a hub for blockchain innovation.

According to RTCB, the Prime Minister of Montenegro, Zdravko Krivokapi, has requested that Buterin be granted citizenship in order to assist the small southeastern European country become a blockchain innovation centre.

There has yet to be an official announcement. However, Milojko Spaji, the Minister of Finance and Social Welfare, shared a photo of Buterin with the Prime Minister at the ceremony in which Buterin acquired his passport.

Montenegro hosted the Ethereum (ETH) co-founder at the Future Now! panel discussion sponsored by Minister Spaji on April 7.

The event's participants, including Buterin, Ethereum researcher Vlad Zmafir, University of Memphis Law Professor Boris Mamlyk, and minister Spaji, discussed the legalities of smart contracts in government, blockchain identification, and a variety of other topics.

Minister Spaji expressed his desire for his country to be tough on offenders involved in the Bitcoin industry.

He also stated that he believes that justice would boost business growth in his country while also reducing the "gray economy in all areas."

According to the Minister,

“Montenegro strives to become a center of innovation in blockchain technology with an emphasis on all the advantages of a legitimate industry that will bring attractive regulations.”

The Montenegrin government is currently addressing the complex regulatory challenges that come with integrating blockchain technology into its numerous systems.