Asset tokenization has been in the works for a year. The ambitious project has also included investor citizenship and an island in the metaverse.
Central African Republic’s Sango Project announces delay of token listing
The project has marketed Sango Coin to interested parties by offering pathways to CAR citizenship through investments.
Central African Republic court says new $60,000 citizenship-by-crypto-investment program is unconstitutional
The move comes one month after the CAR rolled out the new incentive to boost crypto innovation in the country.
Sango crypto hub goes live in the Central African Republic
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.
World Bank won’t support Central African Republic’s Sango crypto hub
The World Bank has said “it will be physically impossible” for the lender to fund the planned Sango crypto hub and voiced concerns regarding the country’s adoption of Bitcoin.