The Central African Republic's cryptocurrency initiatives, including Bitcoin as legal tender and Sango Coin, have been criticized in a new report for being poorlyThe Central African Republic's cryptocurrency initiatives, including Bitcoin as legal tender and Sango Coin, have been criticized in a new report for being poorly
Report Warns CAR’s Sango Coin Push May Prioritize Foreign Investors Over Local Benefits
The Central African Republic's cryptocurrency initiatives, including Bitcoin as legal tender and Sango Coin, have been criticized in a new report for being poorly designed, opaque, and vulnerable to abuse, offering few benefits to citizens while benefiting foreign investors. Poorly designed projects: Initiatives like Sango Coin failed to attract significant investment and lacked transparency in [...]
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