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Bank of Central African States (BCAS)

Central African Republic President Says Successful Launch of Sango Coin a Key Milestone

Central African Republic President Says Successful Launch of Sango Coin a Key MilestoneAccording to Central African Republic President Faustin-Archange Touadéra, his country’s launch of the “Sango coin” currency, as well as the call for the creation of a common digital currency by the regional central bank, represent two key achievements for his country and all of Africa. President Touadéra also said “Sango is the future of our […]

Double-Digit Declines Dominate: Crypto Stocks Feel the Pain of Market Meltdown

Report: The Central African Republic Requests Regional Central Bank’s Assistance in Crafting Crypto Regulations

Report: The Central African Republic Requests Regional Central Bank’s Assistance in Crafting Crypto RegulationsA new report has claimed the Central African Republic, which became the first country in Africa to make bitcoin legal tender, recently requested the regional central bank’s assistance in developing a cryptocurrency regulatory framework. The report also said the CAR had expressed its “commitment to the single currency and respect for the statutes of the […]

Double-Digit Declines Dominate: Crypto Stocks Feel the Pain of Market Meltdown

Call for Creation of Common African Digital Currency, Kenyan Activists Turn to Crypto Funding, Ghana on the Brink

Call for Creation of Common African Digital Currency, Kenyan Activists Turn to Crypto Funding, Ghana on the BrinkIn Bitcoin.com News’ inaugural newsletter featuring the biggest crypto and economic news stories from Africa, the head of an African regional central bank, Herve Ndoba, implores the bank’s board to introduce a common digital currency. At the same time, the regional bank warned that the Central African Republic’s bitcoin law is incompatible with regional laws. […]

Double-Digit Declines Dominate: Crypto Stocks Feel the Pain of Market Meltdown

Head of African Regional Central Bank Calls for Creation of Digital Currency

Head of African Regional Central Bank Calls for Creation of Digital CurrencyThe head of the Bank of Central African States (BCAS), Herve Ndoba, has told the regional central bank’s board that it must create a common digital currency which will be used by six countries belonging to the Central African Monetary Union (CAMU). Ndoba reportedly wants the BCAS to establish a common legal framework for regulating […]

Double-Digit Declines Dominate: Crypto Stocks Feel the Pain of Market Meltdown