The Central African Republic's crypto push, including Bitcoin as legal tender and projects like Sango Coin, has primarily benefited elites and exposed the nationThe Central African Republic's crypto push, including Bitcoin as legal tender and projects like Sango Coin, has primarily benefited elites and exposed the nation
Report Suggests CAR’s Bitcoin Adoption May Have Favored Elites and Criminal Risks
The Central African Republic's crypto push, including Bitcoin as legal tender and projects like Sango Coin, has primarily benefited elites and exposed the nation to foreign criminal networks, failing to promote financial inclusion amid limited infrastructure. Elite favoritism: Crypto initiatives in the Central African Republic have enriched insiders while bypassing the general population. Poor infrastructure, [...]
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