Central African Republic: Sangocoin facing market backlash




© FAR

The legal vagueness that reigns around the Central African “national” cryptocurrency did not allow it to succeed in its first listing. Organized on Monday July 25 at 5 p.m. GMT, the listing of Sangocoin was coldly received by investors wary of a state cryptocurrency and largely warned by the misadventures of the unfortunate Salvador, a state which has lost billions of dollars of its invested reserves. recklessly into bitcoin. Thus, of the 210 million Sango coins put on the market for 30 Days at a price of $0.10 expected to evolve to $0.37, only 6% had been sold on Tuesday at 11