Central African Republic to Launch Bitcoin Investment Platform

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Bitcoin is on its way to being implemented in Central African Republic with the release of a new crypto hub, but experts don't expect anything from it

Following decades of armed conflict, CAR became the first country in Africa and the second country in the world to adopt Bitcoin as an official currency, which can be used for payments and exchange legally. At press time, the government has not provided the technical details for implementing the new technology.

The announced"SANGO" cryptocurrency project already has a website available for investors who are willing to enter the waitlist. According to the president of the republic, a traditional financial system could not be implemented in the country, which is why they went with the digital option.According to a Reuters article, there was no proof of the actual functionality of the announced

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines