The Central African Republic is not content with only approving Bitcoin as legal tender. CAR President Faustin-Archange Touadera announced the upcoming launch of the country’s first major crypto initiative, dubbed “Sango.”
the Sango project as the legal cryptocurrency investment platform on the government’s official Facebook page on May 24. The Sango platform is positioned as CAR’s “first crypto initiative” and is called by the name of CAR’s second official language after French.
“The crypto hub, Bitcoin [...] and crypto are the tools that will redesign the future of our country. Sango can usher in a new economic era with enormous potential, which neither Africa nor the rest of the world have imagined.”
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