Central African Republic News

A new report warned that the Central African Republic’s crypto push favored elites and exposed the country to foreign criminal networks, rather than boosting financial inclusion.

The USDC issuer expands further into Africa, joining forces with Onafriq to pilot stablecoin settlements across 40 countries and 200 million bank accounts.

The Central African Republic’s presidential CAR memecoin promised unity and development — but then came phishing links, AI scrutiny and a market cap collapse.

Faustion-Archange Touadera has announced the launch of an official memecoin for the Central African Republic on X, but skeptics and two AI deepfake detectors are dubious.

Coinbase integrated Yellow Card’s payment rails, enabling Coinbase customers in Africa to more easily on and off-ramp between fiat and crypto, including USD Coin.

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.

Filmmakers are interested in documenting one of this year’s weirdest stories in crypto, but what else made the list?

As the first country to adopt Bitcoin as legal tender in Africa, the Central African Republic appears to be struggling with its investor-oriented token, Sango Coin.

The move comes one month after the CAR rolled out the new incentive to boost crypto innovation in the country.

The Central African Republic, one of the nations served by the Bank of Central African States, passed legislation adopting Bitcoin as legal tender in April.

Central African Republic President Faustin-Archange Touadera outlined that the Sango crypto hub project will foster financial inclusion by removing the barriers to entry in the banking sector.

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.