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Central Africa opens ‘crypto hub’ that accepts ‘bitcoin’ legally

The website cointelegraph.com reports plans for the crypto hub project ‘Sango’, including building a marketplace hub.cryptoLegitimate and expanding acceptancebitcoinand create a “Crypto Island” which is a special economic zone inMetaverse

Fostain-Argens Toudera, President of the Central African Republic, or CAR It has announced that the government will support initiatives centered on the development of the country’s blockchain infrastructure.

In an announcement on Monday, June 27, 2022 on his personal Twitter account, Tudera said that the CAR government will launch ‘Sango’, a crypto initiative. Supporting the country’s legal use of Bitcoin (BTC) in April 2022

The government intends to launch on July 3, 2022, which the President members of the cabinet and industry experts will discuss physical infrastructure anddigitalRequired for CAR to enter the area “Islandcryptounder the legal framework of the country

The plans for the Sango project include building a center.cryptoLegit aimed at attracting businesses and crypto enthusiasts around the world. and expand the adoption of bitcoin in the country and create a “Crypto Island” which is a special economic zone in Metaverse.

“A determined strategy to create a successful economy quickly. By relying on new technologies that take the country to a superior level. with bitcoin as the heart,” said Mr Deira.

Mr. Deira’s plans and CAR in the use of crypto It appears to be an imitation of the plan of El Salvador. which bitcoin is legal The Latin American country also announced plans to build a $1 billion bitcoin city.