Central African Republic's crypto experiment

10 stories

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The Central African Republic's ambitious crypto push — from President Touadera's bitcoin legal tender adoption and Sango Coin launch through the Constitutional Court's rejection, legislative pivot to resource tokenization and the controversial $CAR memecoin chapter.

Tokenization

CAR to tokenize 1,700 hectares of land using meme coin

Touadéra announced that over 1,700 hectares of land in the region will be tokenized through the controversial Solana-based meme coin CAR.

Ogechi Nelson

Jun 4, 2025

Policy

CAR’s president confirms legitimacy of memecoin launch

Following $CAR’s launch on Sunday, several concerns were raised about the possibility that Touadéra was hacked.

Sam Adeyemo

Feb 12, 2025

Ecosystem

$CAR President’s memecoin: real or a hack?

Faustine-Archange Touadéra appeared to have announced the launch of the $CAR memecoin on social media in a manner typical with hacking scams.

Sam Adeyemo

Feb 10, 2025

Policy

CAR’s parliament passes law on tokenization of its resources

Non-nationals of the country can now hold rights to the country’s mineral resources by investing in the Sango coin.

Sam Adeyemo

Jun 2, 2023

State of fiat

Central African countries to ditch French colonial currency

Central African countries to ditch the French colonial currency

The move follows widespread calls for a change of currency and to end French representation in key decision-making bodies

Sam Adeyemo

Mar 30, 2023

Policy

Central African Republic to review law that makes bitcoin a legal tender: President Touadera

He said his country has no intention to leave the Economic and Monetary Community of Central Africa (CEMAC) and will therefore not go against its rules.

Sam Adeyemo

Mar 28, 2023

Policy