Sango Coin – DIGIT INFO

Report: Central African Republic Postpones Sango Coin Listing

DIGIT — Thu, 29 Dec 2022 11:30:05 +0000

The Central African Republic’s plan to list the sango coin in the last quarter of 2022 has been put on hold, while the scheduled unlocking of 5% of token holders’ portfolios has similarly been postponed, a statement from the team promoting the token has reportedly said. The decision to delay the listing of the coin […]

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

DIGIT — Wed, 31 Aug 2022 04:30:41 +0000

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 President Says Successful Launch of Sango Coin a Key Milestone

DIGIT — Sat, 13 Aug 2022 10:30:02 +0000

According to Central African Republic President Faustin-Archange Touadéra, his country’s launch of the “Sango coin” currency, as well as the call for the creation of a common digital currency by the regional central bank, represent two key achievements for his country and all of Africa. President Touadéra also said “Sango is the future of our […]

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Binance CEO Meets Central African Republic Leader — President Touadéra Says Meeting Was a ‘Truly Remarkable Moment’

DIGIT — Sun, 07 Aug 2022 13:30:24 +0000

After meeting the leaders of Ivory Coast and Senegal in July, the CEO of the cryptocurrency Binance, Changpeng Zhao, revealed in a tweet that he had recently met the President of the Central African Republic (CAR). Some of the topics discussed by the two were focused on “education, investments and crypto adoption in the Central […]

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Report: The Central African Republic Requests Regional Central Bank’s Assistance in Crafting Crypto Regulations

DIGIT — Sun, 31 Jul 2022 10:00:30 +0000

A new report has claimed the Central African Republic, which became the first country in Africa to make bitcoin legal tender, recently requested the regional central bank’s assistance in developing a cryptocurrency regulatory framework. The report also said the CAR had expressed its “commitment to the single currency and respect for the statutes of the […]

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Central African Republic Token Sale off to Slow Start — $1.26 Million Raised in Under 5 Days

DIGIT — Sat, 30 Jul 2022 04:30:45 +0000

The Central African Republic’s token sale appeared to have gotten to a slow start after less than 13 million out of the 210 million Sango coins were sold since the commencement of the sale on July 25. The country has claimed its decision to adopt bitcoin has won praise from “other African countries exploring the […]

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Head of African Regional Central Bank Calls for Creation of Digital Currency

DIGIT — Mon, 25 Jul 2022 06:30:12 +0000

The head of the Bank of Central African States (BCAS), Herve Ndoba, has told the regional central bank’s board that it must create a common digital currency which will be used by six countries belonging to the Central African Monetary Union (CAMU). Ndoba reportedly wants the BCAS to establish a common legal framework for regulating […]

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The Central African Republic Says Sale of 210 Million Sango Crypto Tokens to Commence in Late July

DIGIT — Sun, 17 Jul 2022 14:00:28 +0000

The sale of the Central African Republic (CAR)’s 210,000,000 Sango coins is set to begin on July 25 and participating investors will have to buy tokens worth at least $500. In return for buying and locking in the Sango coins, investors will gain citizenship and a piece of real estate property as well as a […]

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Central African Republic Reportedly Launches Crypto Coin, Bitcoiners Slam Move

DIGIT — Wed, 06 Jul 2022 10:30:11 +0000

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

DIGIT — Mon, 04 Jul 2022 03:47:02 +0000

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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