The Central African Republic (CAR) has begun to unveil its digital currency-focused initiatives. According to a 24-page presentation for the initiative, Sango will be a ‘crypto’ island where digital currency trading will have legal recognition—the first of its kind in Africa.
The platform will be decentralized, public and non-permissioned. In the next 90 days, the city will define the architecture of the platform and decide what blockchain it will be built on.
The budget included three new programs – one that would encourage Florida’s Department of Financial Services to use crypto assets within the state, and two others that would evaluate the feasibility of making car registration and healthcare available through blockchain technology.
THE Bangko Sentral ng Pilipinas (BSP) is unlikely to issue its own central bank digital currency (CBDC) in the near term, according to BSP Governor Benjamin E. Diokno.
