The Central African Republic (CAR), which adopted Bitcoin as legal tender in April, is poised to roll out its own digital currency as part of a plan to develop its financial industry, according to the country’s leader.

“Sango Coin will be the currency for the next generation,” President Faustin-Archange Touadera said in a virtual briefing. The digital money may be rolled out in the third quarter...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.