Bitcoin is on its way to being implemented in Central African Republic with the release of a new crypto hub, but experts don't expect anything from it
Following decades of armed conflict, CAR became the first country in Africa and the second country in the world to adopt Bitcoin as an official currency, which can be used for payments and exchange legally. At press time, the government has not provided the technical details for implementing the new technology.
The announced"SANGO" cryptocurrency project already has a website available for investors who are willing to enter the waitlist. According to the president of the republic, a traditional financial system could not be implemented in the country, which is why they went with the digital option.According to a Reuters article, there was no proof of the actual functionality of the announced
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