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Central African Republic president launches crypto initiative following Bitcoin adoption

Coin Telegraph LogoCoin Telegraph1 mo ago

Central African Republic president launches crypto initiative following Bitcoin adoption

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The Sango project’s plans include building a "legal crypto hub," expanding the adoption of Bitcoin, and creating a "crypto island” — a special economic zone in the metaverse.

The Latin American nation also announced plans to create its town Bitcoin City funded by $1 billion worth of BTC bonds, placed on hold as of June amid the bear market.

Everyone is welcome to witness the Sango Genesis Event that will be broadcast on the 3rd of July, on .pic.twitter.


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Article Details

Author / Journalist: Cointelegraph By Turner Wright

Category: Crypto

Topics: Event Africa Regulation Conference Cryptocurrencies Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-27, 22:00:00

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Reading Time: 2 minutes read

Article Length: 350 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 16792

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 24 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #11

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