The Central African Republic (CAR) expands its Sango blockchain initiative to tokenize land and resources.
Legal approval for tokenization business visas.
The Sango blockchain initiative in the Central African Republic (CAR) has been expanded to include the tokenization of its land and valuable resources. The country, recognized as one of the world’s poorest nations yet highly receptive to cryptocurrencies, remains remarkably engaged in pioneering crypto advancements.
As per an announcement shared on X (formerly referred to as Twitter), the CAR National Assembly sanctioned a law on July 24 to facilitate the tokenization of land and natural resources. Alongside other provisions within this law, it will enable the online acquisition of business visas and offer streamlined processes for citizens and foreigners to establish businesses and acquire licenses across domains such as real estate, agriculture, exploitation of natural resources, and forestry. The statement underscored the unan
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