CAR’s president confirms legitimacy of memecoin launch
Following $CAR’s launch on Sunday, several concerns were raised about the possibility that Touadéra was hacked.
Central African Republic
$CAR President’s memecoin: real or a hack?
Faustine-Archange Touadéra appeared to have announced the launch of the $CAR memecoin on social media in a manner typical with hacking scams.
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.
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.