Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustrationin April, said on Monday it had delayed listing its national cryptocurrency token, citing "current market conditions" and "marketing reasons."
A plan to list the Sango Coin on as-yet unspecified crypto exchanges has been shelved until the first quarter, according to a statement posted in the coin's official Telegram channel. Also delayed is a "release" that would allow coin holders to sell up to 5% of their coins, which are currently "locked" for a year and unable to be sold.
Asked about a government initiative to allow foreign investors to buy citizenship for $60,000 worth of Sango Coins, an unidentified moderator on the channel said "more updates about this will be made next month."