Central African Republic’s new law paves way for resource tokenization
The Central African Republic will tokenize resources like land on a blockchain platform, allowing easier mobilization of resources, despite the struggles of its token Sango.
Latest Faustin-Archange Touadéra News
Central African Republic postpones exchange listing for Sango Coin
Launched in July 2022, Sango Coin received underwhelming reception from investors, while the country’s Constitutional Court threw out the promise of purchasing CAR citizenship through Sango coins.
Central African Republic’s Sango Coin hit with deposit issues
Sango Coin’s tech team announced that it’s working to restore deposits even as the Central African Republic’s digital currency venture continues to receive widespread criticism.
Central African Republic sets up new task force to integrate Sango Coin into its economy
CAR’s government picked representatives from various ministries and agencies to work out how best to integrate Sango, a project that has failed to catch on.
You can’t buy citizenship with Sango Coins, CAR court rules in latest blow
CAR had offered citizenship for foreigners who staked $60,000 worth of Sango Coins for five years, and e-residency for $6,000 staked for at least three years.
Central African Republic launches official digital currency ‘Sango Coin’
CAR President Faustin-Archange Touadéra also emphasized that Sango Coin is part of the CAR's vision to have an "integrated capital market that could stimulate commerce and sustain growth."
Central African Republic president backs BTC hub amid widespread skepticism
President Faustin-Archange Touadéra has taken on the Nayib Bukele attitude of pushing BTC at all costs and says the Sango hub will create monetary liberation as skeptics abound.