The bitcoin project does not seem to want to run out of steam in Bangui. In a context of regional and international distrust, Faustin-Archange Touadéra has just lifted the veil on his ambitions with cryptocurrency.
Following the unanimous adoption by the National Assembly of the #BTC legal tender status, we are pleased to showcase the first concrete initiative! It goes beyond politics&administration & has the potential to reshape #BECAUSE‘s financial system! #bitcoinhttps://t.co/1oxLHOen6q
– Faustin-Archange Touadera (@FA_Touadera) May 24, 2022
With the project called “Sango”, the Central African president wants to transform Bangui into an “international pole of influence”. This initiative intends to attract companies such as crypto players locally, a “revolution that will reposition the economy, improve the prospects and change the destiny of the citizens of the country”, details the press release from the presidency released on May 23.
Responding at the same time to the Bank of Central African States (BEAC), which allows the Central African Republic to be threatened with exclusion from the CFA zone, the Sango project’s communication tackles: “an impenetrable bureaucracy keeps us stuck in systems that do not