The Sango Project, which aims to launch Central African Republic’s (CAR) Sango Coin, has announced a delay in the token’s listing due to legal and regulatory obstacles. The CAR government has made significant progress in establishing laws and regulations to allow the cryptocurrency to be listed on exchanges, but the project stated that the token listing will be postponed for a few weeks until the frameworks are finalized.
The Sango Project has marketed Sango Coin to interested parties by offering pathways to CAR citizenship through investments, a strategy reportedly declared unconstitutional by the country’s court system in August 2022. The project plans to list the tokens at a price of $0.45, according to its website.
