Romanian Minister of Research, Innovation and Digitalization Supports Crypto Community
During xDay 2023, we had the opportunity to interview Bogdan-Gruia Ivan, the Romanian Minister of Research, Innovation and Digitalization. He expressed his commitment to supporting the crypto community and builders by attracting capital to Romania, providing tax exceptions for crypto companies, and establishing a legal framework for clarity and security.
Minister Ivan is a firm believer in blockchain and artificial intelligence as drivers of innovation in the country. He emphasized the urgency of taking action and turning words into tangible results. Here are some key insights from our conversation:
Positive Outlook on MultiversX
The Minister praised MultiversX and its CEO Beniamin Mincu for their efforts in shaping the future. He expressed admiration for the positive energy and transformation he witnessed in the Romanian Parliament during the event.
Romania’s Support for Crypto
Romania is already working on improving its legal framework for technology and blockchain. Once it completes all necessary reviews, it plans to introduce a comprehensive legal framework for emerging technologies. The country also has plans to launch an AI strategy and establish a legal framework for AI.
Additionally, Romania aims to become a regional hub for quantum technology and software development. The Minister believes that Romania has immense potential due to its talented IT professionals and intends to initiate a national debate on quantum strategy in the near future.
Romania’s Position in the European Union
The Minister expressed interest in cooperation with other members of the European Union regarding crypto projects. However, he also emphasized Romania’s desire to have its own unique position in this field. The country aims to lead in cryptocurrencies and emerging technologies due to its favorable regulations, strong ecosystem, and talented young professionals.
Hot Take: Romania’s Ambitious Crypto Goals
Romania, under the leadership of Minister Ivan, is determined to establish itself as a prominent player in the crypto industry. With plans to improve its legal framework for technology, blockchain, and AI, as well as its ambition to become a hub for quantum technology, Romania is positioning itself as a forward-thinking and innovative nation. By attracting capital and providing support to the crypto community, Romania aims to drive innovation and solidify its position in the global crypto landscape.
Disclaimer: The price of Bitcoin mentioned in this article is subject to change.
Cover image from MultiversX, chart from Tradingview
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