The Sango project follows the CAR’s adoption of Bitcoin (BTC) as legal tender in April. The initiative aims to attract businesses and global crypto talent/enthusiasts, ramp up local BTC adoption and oversee the rollout of crypto regulatory frameworks and infrastructure. Speaking at the launch event on July 3, President Faustin-Archange Touadera outlined the vision for Sango is to have a “common cryptocurrency and an integrated capital market that could stimulate commerce and sustain growth.”
Sango crypto hub goes live in the Central African Republic
