Central African Republic delays crypto token listing, cites ‘market conditions’

LONDON, Dec 19 (Reuters) – The Central African Republic, which adopted bitcoin as legal tender in April, said on Monday it had delayed listing its national cryptocurrency token, citing “current market conditions” and “marketing reasons.”A plan to list the Sango Coin on as-yet unspecified crypto exchanges has been shelved until the first quarter, according to a statement posted in the coin’s official Telegram channel. Also delayed is a “release” that would allow coin holders to sell up to 5% of their coins, which are currently “locked” for a year and unable to be sold.Asked about a government initiative to allow …
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