Tag Archives: central african republic

Economy: Central African Republic launches its Bitcoin hub

Economy: Central African Republic launches its Bitcoin hub

The Central African Republic government is launching its cryptocurrency hub it named Sango, nearly three months after adopting Bitcoin as one of its official currencies. President Faustin Archange Touadéra launched the hub on Sunday in a live announcement on social networks. The name “Sango” is in one of the country’s …

Read More »

Central African Republic to launch bitcoin investment platform

Central African Republic to launch bitcoin investment platform

Central African Republic will launch the continent’s first legal cryptocurrency investment hub, the presidency said, extending the impoverished country’s embrace of digital finance despite words of caution from the International Monetary Fund, Reuters agency reported. Marred by decades of conflict, Central African Republic last month became the first country in …

Read More »

Central African Republic: Bitcoin project faces major difficulty

Central African Republic: Bitcoin project faces major difficulty

The Cemac Banking Commission (Cobac), has not accepted the adoption by the Central African authorities of the Bitcoin cryptocurrency as one of the country’s official currencies. Following an extraordinary meeting on May 6, the Cobac banned the use of cryptocurrencies in banking and financial institutions in the countries of the …

Read More »

Central African Republic: Minusca denies undermining state security

Central African Republic: Minusca denies undermining state security

The United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (Minusca) categorically rejected “the accusations of undermining state security” attributed to the four French soldiers, arrested on Monday February 21 by Central African security forces at the Bangui airport. The United Nations office in the Central African Republic …

Read More »

CAR: UN experts call on Bangui to sever relations with Russian paramilitaries

UN experts call on Bangui to sever relations with Russian paramilitaries

A UN group of experts on Wednesday called on the Central African authorities to end all relations with Russian paramilitaries accused of harassing and intimidating the Central African population. “We are extremely concerned about the acts of intimidation and recent reports of violent harassment by military and private security personnel …

Read More »