Central African Republic news and trends

Today in Crypto: Meta Expands NFT Sharing Feature to Facebook, Singapore Moves to Protect Retail...
Cryptocurrency // August 29, 2022

Today in cryptocurrency, Meta is now enabling people to post non-fungible tokens (NFTs) they own on Facebook and Instagram. Also, the Central African Republic’s top court has ruled that using government-backed cryptocurrency to purchase land, citizenship and “e-residency” goes against the country’s constitution, and the...

Court Says Central African Republic’s Crypto Sales Are Unconstitutional
Cryptocurrency // August 29, 2022

The Central African Republic’s top court has ruled that using government-backed cryptocurrency to purchase land, citizenship and “e-residency” goes against the country’s constitution. As Reuters reported Monday (Aug. 29), the Central African Republic’s (CAR) Constitutional Court found those purchases were unconstitutional, saying that nationality does...

Central African Republic Set to Start Crypto Sales
Cryptocurrency // July 15, 2022

The Central African Republic will start selling its cryptocurrency, Sango Coin, next week, saying it will be worth $21 million. The announcement comes at a time when the crypto industry is experiencing a rout, and critics are skeptical about Sango Coin’s survival in a war-torn...

Today in Crypto: Nexo Plans to Buy Vauld; UK Explores DeFi Taxation
Cryptocurrency // July 05, 2022

Nexo, the cryptocurrency lender, said it plans to buy troubled fellow lender Vauld, showing how a consolidated crypto industry might look, Reuters wrote Tuesday (July 5). Nexo will be buying 100% of Singapore-based Vauld and would “reorganize its future operations with the aim to accelerate...

Quick Reads
Central African Republic Adopts Bitcoin as Legal Tender; Most Don’t Notice

September 16, 2022
When the Central African Republic (CAR) adopted Bitcoin as legal tender in April, mayhem initially ensued, sparked by confusion, advanced by disagreements, and then driven by concern from global organizations like the World Bank. But in a country of roughly 4.8 million people, just 11% of the population has internet access and only 14% have […]

Today in Crypto: Meta Expands NFT Sharing Feature to Facebook, Singapore Moves to Protect Retail...

August 29, 2022
Today in cryptocurrency, Meta is now enabling people to post non-fungible tokens (NFTs) they own on Facebook and Instagram. Also, the Central African Republic’s top court has ruled that using...

Court Says Central African Republic’s Crypto Sales Are Unconstitutional

August 29, 2022
The Central African Republic’s top court has ruled that using government-backed cryptocurrency to purchase land, citizenship and “e-residency” goes against the country’s constitution. As Reuters reported Monday (Aug. 29), the...

Central African Republic Set to Start Crypto Sales

July 15, 2022
The Central African Republic will start selling its cryptocurrency, Sango Coin, next week, saying it will be worth $21 million. The announcement comes at a time when the crypto industry...