
Central African Republic Arrests Crypto ‘Rug Pull’ Mastermind as Associates ‘Flee Country’
Central African Republic Arrests Crypto ‘Rug Pull’ Mastermind as Associates ‘Flee Country’
‘Crypto Rug Pull’ Leaves ‘Hundreds’ of Central African Republic Investors ‘Penniless’
Central African Republic Plan To Tokenize Land And Natural Resources
Asset tokenization has been in the works for a year. The ambitious project has also included investor citizenship and an island in the metaverse.
The International Monetary Fund projects 2.2 GDP growth and manageable debt, but warns of liquidity risks.
The project has marketed Sango Coin to interested parties by offering pathways to CAR citizenship through investments.
A 15-member committee is tasked with working on a legal framework that will allow cryptocurrencies to operate in Central African Republic and expedite the development of the national economy.
The country, which made bitcoin legal tender in April, wants to pave way for broader crypto adoption.