Crypto

Central African Republic dives into crypto with the Sango
Central African Republic dives into crypto with the Sango
Business and Economy
by  AFP

Undeterred by the turmoil hitting crypto, the Central African Republic (CAR) -- one of the poorest and most troubled countries in the world -- has unveiled plans to launch its own digital currency. On April 27, Touadera's office abruptly announced that the CAR had adopted Bitcoin as legal tender alongside the CFA franc, a currency the country shares with five other central African economies.

Bitcoin plunges below $20,000
Bitcoin plunges below $20,000
Business and Economy
by  AFP

Bitcoin plunged below $20,000 on Saturday, shedding nine percent from the previous day to fall to $18,740, its lowest level since December 13, 2020. After sinking to $18,740 on Saturday, Bitcoin rose to $18,941 at 1550 GMT, down eight percent from Friday.