Fraudulent CAR crypto investment company vanish with customer funds: Reports
Hundreds of Central Africans participated in the scheme, with some depositing their life savings worth millions of CFA francs.
Central African Republic
CAR expands Sango project to tokenize land and natural resources
Despite facing several challenges since its launch, the Sango project announced the tokenization of its land and natural resources.
Ripple Labs exploring real-world use cases of CBDCs and stablecoins
The company has proposed a system to tokenize real estate assets and use them as collateral for loans.
CAR’s parliament passes law on tokenization of its resources
Non-nationals of the country can now hold rights to the country’s mineral resources by investing in the Sango coin.
Inflation in Africa: Latest data shows worsening figures across the board
Figures show 50% of countries with available data experienced an increase in consumer prices in March.
Central African countries to ditch French colonial currency
The move follows widespread calls for a change of currency and to end French representation in key decision-making bodies
Central African Republic to review law that makes bitcoin a legal tender: President Touadera
He said his country has no intention to leave the Economic and Monetary Community of Central Africa (CEMAC) and will therefore not go against its rules.