
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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The project has marketed Sango Coin to interested parties by offering pathways to CAR citizenship through investments.
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The move comes one month after the CAR rolled out the new incentive to boost crypto innovation in the country.
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PRESS RELEASE. Sango, the Central African Republic’s crypto-initiative, has set off a wave of excitement in the crypto space, fuelling curiosity and anticipation. Supported by a comprehensive Legal Framework, Sango will enable the creation of both the digital and physical infrastructure that would aid its development. SANGO will be partially backed by Bitcoin, meaning that […]
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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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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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