the hour of truth for Bangui at the BEAC – Jeune Afrique

Hervé Ndoba caught up in the reality principle. On July 20, the Central African Minister of Finance and Budget is chairing, in Douala, an extraordinary session of the board of directors of the Bank of Central African States (BEAC), with only one item on the agenda: the adoption, on April 22, by his country of a law governing cryptocurrencies.

The next day, when Bangui intends to put on sale 210 million “sango coin” – the “national digital currency”, at a price of 0.10 dollar per unit in sight of collect 21 million dollars -, the treasurer will have to face his pairs of the Economic and Monetary Community of Central Africa (Cemac), grouping in addition to the Central African Republic, Gabon, Congo, Chad, Cameroon and Equatorial Guinea , within the framework of the ministerial committee of the Central African Monetary Union (UMAC).

To read

Bitcoin in the Central African Republic: five questions to better understand

Deadline

Herve Ndoba dragged them

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