Central African Republic president launches crypto initiative following Bitcoin adoption
Faustin-Archange Touadéra, president of the Central African Republic, has announced the government will be launching Sango, an initiative centered around developing the country’s blockchain infrastructure.
The Sango project’s plans include building a “legal crypto hub” aimed at attracting businesses and global crypto-enthusiasts, expanding the adoption of Bitcoin in the country, and creating a virtual “crypto island” — a special economic zone in the metaverse.