Iran makes $10M import with crypto, plans 'widespread' use by end of Sept

Prolonged economic sanctions against the Islamic state have forced Iran to start using crypto as a medium of exchange for international trade deals. Struggling through decades of economic sanctions, Iran has placed its first international import order using $10 million worth of cryptocurrency, according to a senior government trade official. News that the Islamic republic placed its first import order using crypto was shared by Iran’s Deputy Minister of Industry, Mine & Trade Alireza Peyman-Pak in a Twitter post on Aug. 9.W

Binance CEO Meets Central African Republic Leader — President Touadéra Says Meeting Was a ‘Truly Remarkable Moment’

After meeting the leaders of Ivory Coast and Senegal in July, the CEO of the cryptocurrency Binance, Changpeng Zhao, revealed in a tweet that he had recently met the President of the Central African Republic (CAR).

Report: The Central African Republic Requests Regional Central Bank’s Assistance in Crafting Crypto Regulations

A new report has claimed the Central African Republic, which became the first country in Africa to make bitcoin legal tender, recently requested the regional central bank’s assistance in developing a cryptocurrency regulatory framework.

Central African Republic Token Sale off to Slow Start — $1.26 Million Raised in Under 5 Days

The Central African Republic’s token sale appeared to have gotten to a slow start after less than 13 million out of the 210 million Sango coins were sold since the commencement of the sale on July 25.

Central African Republic Begins Sales of Sango Coin

The Central African Republic (CAR) launched its national digital currency tokens called “Sango Coin,” but sales have been quite lower than expected.

Board urges Bank of Central African States to introduce common digital currency: Report

The Central African Republic, one of the nations served by the Bank of Central African States, passed legislation adopting Bitcoin as legal tender in April. The Bank of Central African States, or Banque des États de l'Afrique, which serves Cameroon, the Central African Republic, Chad, Equatorial Guinea, Gabon, and the Republic of the Congo, could be closer to releasing a central bank digital currency reportedly at the urging of its board.According to a Friday report from Bloomberg, the board sent an email calling for the regional bank to introduce a digital currency in an effort to modernize payment structures and promote regional financial inclusion.

Trade Republic, Crypto.com Register as Cryptocurrency Operators in Italy

German investment platform Trade Republic and digital asset exchange Crypto.com have registered as crypto service providers in Italy.

CryptoCom Receives Regulatory Approval to Provide Services in Italy

The OAM gave its nod to CryptoCom to offer products and services to Italian clients and registered Trade Republic as a cryptocurrency operator in Italy.

Portal, Backed by Coinbase and Other Prominent Investors, Announces Republic Equity Offering

July 19, 2022 – San Francisco, California Portal, a cross-chain layer two DEX network being built on Bitcoin, is delighted to announce its Reg D equity offering through Republic, a multi-asset investment platform that allows anyone to invest in vetted, private startups.

The Central African Republic Says Sale of 210 Million Sango Crypto Tokens to Commence in Late July

The sale of the Central African Republic (CAR)’s 210,000,000 Sango coins is set to begin on July 25 and participating investors will have to buy tokens worth at least $500.

Central African Republic to Launch Sango Coin Cryptocurrency Next Week

The latest move by the Central African Republic comes after it adopted Bitcoin as legal tender in April.