On Sunday, July 3, 2022, the Central African Republic launched its cryptocurrency. "Sango" or "Sango Project": This is the name of the cryptocurrency wanted by President Faustin Archange Touadéra, "The cryptocurrency is revolutionary, it will democratize democracy" he suggested.

With the money from investors, the "sango project" would transform the island of the Monkeys, located opposite the capital on the Oubangui River, into a "crypto island": a tax-free zone where palaces, casinos, a large stadium and a water park would be built. Although its detractors consider it unrealistic, supporters of the project believe that it will bring capital into the country. The value of sango would be guaranteed by the multiple mineral resources of the Central African Republic. This launch follows the adoption of bitcoin as the official currency in late April.