Central African Republic is Setting Up an Investment Platform

[saoussen5765]

The Central African Republic is preparing to launch a Bitcoin (BTC) investment platform called SANGO, and already has a site that can
visited by investors to enter the waiting list. The aim of this Bitcon Investment Center is to attract investors to buy cryptocurrencies, at a time when crypto regulations are tightening around the world.

President Faustin-Archange Touadera stated in his speech, “The formal economy is no longer an option. The complicated bureaucracy keeps us trapped in a financial system that does not provide opportunities to be competitive.”

The proposed Bitcoin investment platform will involve the creation of a national digital bank, crypto wallet and infrastructure that assists property payments using Bitcoin.

However, according to crypto expert observers, the Central African Republic's interest in cryptocurrencies is still low, and the distribution of electricity in the country is not evenly distributed throughout the region. Given the inadequate conditions, observers have doubts about the ability of the Central African Republic government to attract crypto investors.

 

[Suba]

As a crypto fan, I am very happy to read news that the Central African Republic will implement a Bitcoin investment platform, but it seems that the Central African government has not prepared itself, both facilities and users (citizens). in rural areas, it is also necessary to distribute electricity facilities to remote areas, so that the internet can be reached by people who will use Bitcoin.