Business news from Ukraine

Business news from Ukraine

Farage’s allies are strengthening their presence in Montenegro amid country’s crypto ambitions

14 July , 2026  

According to The Serbian Economist, people in British politician Nigel Farage’s inner circle have developed significant business and political interests in Montenegro in recent years, a country that Prime Minister Milojko Spajić wants to promote as a hub for the crypto industry, the Financial Times reports.

According to the publication, several individuals linked to Farage and the Reform UK party have shown interest in Montenegro. Among them are crypto investor Christopher Harborn, former Reform UK treasurer Mehrtash Azami, Farage’s former communications director Hayward Taylor, and longtime adviser George Cottrell. The publication attributes their interest in the country to its low costs, favorable climate, supportive stance toward the crypto sector, and the political opportunities offered by this small Balkan economy.

Harborne, who had previously transferred 5 million pounds to Farage, registered the company Longevity Biotech Systems in Tivat in 2023, while Azami and Tauler also established business entities in that city. According to the publication, Cotrall has long been active in Montenegro through the consulting firm Geostrategy; his lawyers have denied allegations related to his alleged support of political campaigns in the country.

Montenegro has become particularly attractive to such players amid Prime Minister Milojko Spajić’s push to develop the crypto industry. Spajić has promoted the idea that cryptocurrency mining and trading could become a significant part of the country’s economy.

Interest in Montenegro is also growing due to its European prospects. The country applied for EU membership in 2008, received candidate status in 2010, and accession negotiations began in 2012. According to the Council of the EU, Montenegro has opened all 33 negotiation chapters and, as of mid-June 2026, has provisionally closed 16 of them, remaining the most advanced candidate for EU accession.

Nigel Farage is one of the most prominent British Euroskeptic politicians, the former leader of UKIP, and the current leader of Reform UK. For many years, he was one of the leading public advocates of Brexit. According to the official website of the British Parliament, Farage served as the Member of Parliament for the Clacton constituency from July 4, 2024, and left the House of Commons on July 8, 2026.

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