central african republic

Central African Republic expands Sango project to land, resource tokenization

Asset tokenization has been in the works for a year. The ambitious project has also included investor citizenship and an island in the metaverse.

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Central African Republic gets IMF optimism a year into Bitcoin adoption

The International Monetary Fund projects 2.2% GDP growth and manageable debt but warns of liquidity risks.

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Central African Republic’s Sango Project announces delay of token listing

The project has marketed Sango Coin to interested parties by offering pathways to CAR citizenship through investments.

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Central African Republic Sets Up Committee Tasked With Drafting Crypto Bill

The Central African Republic (CAR) president, Faustin-Archange Touadéra, recently said his government has established a 15-member committee tasked with creating a comprehensive legal framework that governs the use of cryptocurrencies. According to an official document issued by the CAR cabinet, the committee has already started its work and will regularly update the government. CAR’s Ambitions […]

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Crypto can get weird: The 5 strangest stories of the industry in 2022

Filmmakers are interested in documenting one of this year’s weirdest stories in crypto, but what else made the list?

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Report: Constitutional Court Says Central African Republic’s Sango-Coin-for-Citizenship Scheme Is Illegal

A constitutional court in the Central African Republic has reportedly ruled that the Touadéra government’s offer of land and citizenship to buyers of the sango coin is unconstitutional. The court said the sango-coin-for-citizenship scheme must be stopped because the country’s “nationality has no market value.” Offering Land and Minerals to Sango Coin Investors Ruled Unconstitutional […]

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Central African Republic Reportedly Launches Crypto Coin, Bitcoiners Slam Move

Central African Republic (CAR) president Faustin-Archange Touadera announced recently that cryptocurrencies are an alternative to cash. Bitcoiners, however, insist the top cryptocurrency is the only solution to the CAR’s money problems. Formal Economy Not an Option Central African Republic president Faustin-Archange Touadera has said cryptocurrencies are an alternative to fiat cash. Touadera also claimed that […]

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Sango crypto hub goes live in the Central African Republic

Central African Republic President Faustin-Archange Touadera outlined that the Sango crypto hub project will foster financial inclusion by removing the barriers to entry in the banking sector.

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Central African Republic President on BTC Volatility: ‘Mathematics Don’t Account for Human Emotions’

In an apparent message to critics of the Central African Republic’s bitcoin decision, the country’s president, Faustin-Archange Touadéra, recently argued that understanding the crypto’s disruptive power is crucial and that “mathematics don’t account for human emotions.” According to Touadéra, the country’s future generations are likely to applaud his government for “choosing the right path during […]

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World Bank won’t support Central African Republic’s Sango crypto hub

The World Bank has said “it will be physically impossible” for the lender to fund the planned Sango crypto hub and voiced concerns regarding the country’s adoption of Bitcoin.

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