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President Faustin Archange Touadéra of the Central African Republic officially launched the CAR memecoin on Feb. 9 via a video shared on his X account. Deepfake Claims Dismissed The President of the Central African Republic, Faustin Archange Touadéra, officially launched the CAR memecoin on Feb. 9, and the video shared via his X account is … Read more
Central African Republic President Touadéra has reportedly launched a meme-coin, $CAR, to raise the country’s profile. This follows a previous, less successful attempt to adopt Bitcoin as legal tender. While Touadéra claims the CAR launch was a “success,” the coin’s value dropped significantly. He describes the meme-coin as an “experiment” to unite people and support … Read more
Asset tokenization has been in the works for a year. The ambitious project has also included investor citizenship and an island in the metaverse. Go to Source
The International Monetary Fund projects 2.2% GDP growth and manageable debt but warns of liquidity risks. Go to Source Powered by WPeMatico
The project has marketed Sango Coin to interested parties by offering pathways to CAR citizenship through investments. Go to Source Powered by WPeMatico
The Central African Republic (CAR) president, Faustin-Archange Touadéra, recently said his government has established a 15-member committee tasked with creating a comprehensive legal framework that governs the use of cryptocurrencies. According to an official document issued by the CAR cabinet, the committee has already started its work and will regularly update the government. CAR’s Ambitions … Read more
Filmmakers are interested in documenting one of this year’s weirdest stories in crypto, but what else made the list? Go to Source Powered by WPeMatico
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 … Read more
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 … Read more
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. Go to Source Powered by WPeMatico
