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Cryptocurrencies: the “Sango coin” project postponed

05/04/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

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The “Sango coin” project, which is leading the project to introduce the global cryptocurrency market, has announced a postponement of the project. It aims to introduce Sango tokens that support the country's ambitions, and to make bitcoin legal tender within its borders.

The reasons for the postponement of the “Sango Coin” project mentioned this time are the need to regularize certain legal aspects. This postponement would be the result of some regulatory constraints that should be resolved “within a week” according to information published on the Telegram channel run by this initiative. According to the information, “the governments of the Central African Republic have worked tirelessly to establish the laws and regulations necessary for the sale of SANGO products and the tokenization of resources.”

noted that this is the second postponement of the transaction, after the one that occurred in 2022 when the “Sango Coin” project indicated it was facing market constraints.

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