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Benzinga
Benzinga
Business
Murtuza Merchant

Central African Republic To Build Tax-Free Crypto Island

The Central African Republic, the first country in Africa to make Bitcoin legal tender and second in the world after El Salvador, Tuesday announced the building of Sango, a crypto island to attract businesses and global crypto enthusiasts.

According to a 24-page document detailing the project’s goals, Sango will be declared a “Crypto Economic Zone” that will allow people to propose, view, and contribute to the future developments of the crypto island, the first island in the Metaverse backed by reality.

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