{"id":452131,"date":"2022-05-24T16:30:52","date_gmt":"2022-05-24T13:30:52","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/central-african-republic-to-launch-official-crypto-hub-sango\/"},"modified":"2022-05-24T16:30:52","modified_gmt":"2022-05-24T13:30:52","slug":"central-african-republic-to-launch-official-crypto-hub-sango","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/central-african-republic-to-launch-official-crypto-hub-sango\/","title":{"rendered":"# Central African Republic to launch official crypto hub \u2018Sango\u2019"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3045344bf19\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3045344bf19\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/central-african-republic-to-launch-official-crypto-hub-sango\/#%E2%80%9D_Central_African_Republic_to_launch_official_crypto_hub_%E2%80%98Sango_%E2%80%9C\" >&#8221; Central African Republic to launch official crypto hub \u2018Sango\u2019 &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Central_African_Republic_to_launch_official_crypto_hub_%E2%80%98Sango_%E2%80%9C\"><\/span>&#8221; Central African Republic to launch official crypto hub \u2018Sango\u2019 &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvNmIyZTUxZjgtYmYxOS00ZTJkLWI0NmEtOWY3MDViOTgwYWJjLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>Shortly after <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roving Bitcoin (BTC) as legal tender in the Central African Republic (CAR), the local government is moving to provide the digital currency infrastructure.<\/p>\n<p>CAR President Faustin-Archange Touadera took to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> on Tuesday to announce the upcoming launch of the country\u2019s first major crypto initiative dubbed \u201cSango.\u201d<\/p>\n<p>The creation of the CAR\u2019s crypto hub comes soon after the National Assembly unanimously adopted Bitcoin as legal tender, Touadera noted.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Following the unanimously adoption by the National Assembly of the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\">#BTC<\/a>  legal tender status, we are pleased to showcase the first concrete initiative! It goes beyond politics&amp;administration &amp; has the potential to reshape <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/CAR?src=hash&amp;ref_src=twsrc%5Etfw\">#CAR<\/a>\u2019s financial system! <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#bitcoin<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/1oxLHOen6q\">https:\/\/t.co\/1oxLHOen6q<\/a><\/p>\n<p>\u2014 Faustin-Archange Touad\u00e9ra (@FA_Touadera) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/FA_Touadera\/status\/1529081893035057153?ref_src=twsrc%5Etfw\">May 24, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nThe CAR\u2019s presidency previously <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/m.facebook.com\/story.php?story_fbid=323863509900805&amp;id=100068314766662&amp;m_entstream_source=timeline\">introduced<\/a> the Sango project as the legal cryptocurrency investment platform on the government\u2019s official Facebook page on Tuesday. The Sango platform is positioned as CAR\u2019s \u201cfirst crypto initiative\u201d and is called the name of CAR\u2019s second official language after French.<\/p>\n<p>According to the official Sango website mentioned in the statement, the Sango platform was <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/sango.org\/\">initiated<\/a> by the National Assembly and is supported by the CAR government and the president.<\/p>\n<p>\u201cThe construction of the first legal crypto hub in the heart of Africa will improve crypto experience by taking Bitcoin adoption to the next level, potentially bringing the most unconventional space in the world,\u201d the presidencial statement reads.\u00a0<\/p>\n<p>Touadera pointed out that the adoption of Bitcoin provides \u201cunimaginable possibilities\u201d for the country&#8217;s development and transformation, stating:<\/p>\n<blockquote><p>\u201cThe crypto hub, Bitcoin [&#8230;] and crypto are the tools that will redesign the future of our country. Sango can usher in a new economic era with enormous potential, which neither Africa nor the rest of the world have imagined.\u201d<\/p><\/blockquote>\n<p>The president also said that his greatest wish is that the Sango project makes crypto accessible to all, creating an international case of how crypto benefits become vectors of economic performance of the country. \u201cThe formal economy is no longer an option,\u201d the president reportedly <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/africa\/central-african-republic-launch-bitcoin-investment-platform-2022-05-24\/\">noted<\/a>, adding that new platforms like Sango aim to tackle bureaucracy and promote competition.<\/p>\n<p><strong><em>Related:\u00a0Crypto users in Africa grew by 2,500% in 2021: Report<\/em><\/strong><\/p>\n<p>CAR has become the first country in Africa to adopt Bitcoin as legal tender and the second country in the world to do so after El Salvador.<\/p>\n<p>Amid the growing crypto adoption on the continent, a number of countries in Africa have been moving to adopt digital assets. In April, several African countries like Cameroon, the Democratic Republic of the Congo and the Republic of the Congo disclosed plans to adopt the TON blockchain as the cryptocurrency and blockchain to drive future national economic progress.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/central-african-republic-to-launch-official-crypto-hub-sango\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Central African Republic to launch official crypto hub \u2018Sango\u2019 &#8220; Shortly after approving Bitcoin (BTC) as legal tender in the Central African Republic (CAR), the local government is moving to provide the digital currency infrastructure. CAR President Faustin-Archange Touadera took to Twitter on Tuesday to announce the upcoming launch of the country\u2019s first major&#8230;<\/p>\n","protected":false},"author":1,"featured_media":452132,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvNmIyZTUxZjgtYmYxOS00ZTJkLWI0NmEtOWY3MDViOTgwYWJjLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74863,74889,74355,25562,90059,70934],"class_list":["post-452131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-cryptocurrencies","tag-payments","tag-adoption","tag-africa","tag-el-salvador","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/452131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=452131"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/452131\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/452132"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=452131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=452131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=452131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}