World Bank won’t support Central African Republic’s Sango crypto hub By Cointelegraph
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The World Bank has signalled its concerns over the Central African Republic (CAR) adopting (BTC) as a legal currency and says it won’t support the newly announced “Sango” crypto hub.
At the end of April CAR president Faustin-Archange Touadéra established a regulatory framework for cryptocurrency in the country and adopted Bitcoin as a legal tender. On May 24 he announced a plan to launch the country’s first crypto hub called “Sango”.
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The World Bank has signalled its concerns over the Central African Republic (CAR) adopting (BTC) as a legal currency and says it won’t support the newly announced “Sango” crypto hub.
At the end of April CAR president Faustin-Archange Touadéra established a regulatory framework for cryptocurrency in the country and adopted Bitcoin as a legal tender. On May 24 he announced a plan to launch the country’s first crypto hub called “Sango”.
Continue Reading on Coin Telegraph