Tag: CAR cryptocurrency
The Rise and Fall of La Clé du Succès in African Crypto
South Africa, a region with the highest positive take on digital currency, has the highest rate of African crypto scams.
The Ministry of...
New CBDC possibilities: Attain CAR citizenship through the Sango coin CBDC
CAR announced that individuals could attain CAR citizenship by bonding $60000 worth of Sango tokens for five years.
The organization behind the launch...
Central African Republic announces plans for new crypto regulation framework
Digital assets require a legal framework to conduct and moderate their uses. CAR recently announced its plans to establish one of the...
African countries working on Central Bank Digital Currencies
How many African countries are looking at central bank digital currencies, and how far are they?
Only Nigeria has an active CBDC, South Africa and Ghana have a CBDC in the pilot phase while Mauritius and the Central African Republic have CBDCs coming soon
The fall of bitcoin adoption in the Central African Republic
Bitcoin's success as a legal currency in the CAR looks unachievable in the short term
The Central Africa Republic surprised the world by...
Is the dip in cryptocurrencies the best way for African nations to adopt cryptocurrencies
Many African nations are currently debating whether or not to legalize cryptocurrencies, despite the fact that it is becoming more popular with consumers globally. ...