Central African Republic Adopting Bitcoin as Legal Currency Establishes Crypto Center

The Central African Republic has announced its crypto hub “Sango” after the National Assembly adopted Bitcoin as its legal currency.

Central African Republic President Faustin-Archange Touadera made a statement on his official Twitter account:

We are happy to announce our first concrete initiative after the National Assembly declared Bitcoin the legal currency. This initiative could reshape the country’s financial system.

said.

President Touadera expressed Sango in his previous post on Facebook. crypto investment platform as announced. In addition, the President stated that this decision taken by the country is “unimaginable”. so many possibilities” thinks it will.

“Creating a crypto hub, establishing bitcoin as a legal currency, and cryptocurrencies will form the future of our country.” Touadera gave his statements, “Unimaginable by either Africa or the rest of the world. a great economic era may begin made statements.

In addition, according to the information on Sango’s official website, the crypto initiative was approved by the National Assembly. created and by the Presidency is supported.

source site-9