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Headlines
๐ Meta (Facebook) Launches Meta Pay
๐ eBay ventures get into metaverse
๐ Siemens and NVIDIA to enable industrial metaverse
๐ El Salvador bought the deep again
๐ ICI Bucharest will build an NFT marketplace on Elrond
๐ฑ Anatoly Yakovenko taking about the Solana phone
๐ Nexo founder siphoned funds from charity
๐ SEC Rejects Grayscaleโs Spot Bitcoin ETF Application
โ๏ธ MICA is scaring me
๐ OpenSea co-founder Alex Atallah to leave company, remain on board
Featured Story
๐๏ธ Faustin Archange Touadera, the president of the Central African Republic releases a statement adopting a national cryptocurrency.
Faustin Archange Touadera, the president of the Central African Republic (CAR) has announced the launch of Sango, a cryptocurrency backed by the country's natural reserves. This is particularly innovative, I hope that the transparency of the blockchain will allow to verify the resources and their quantities that collateralize this currency.
The Sango project promises the return of monetary sovereignty to the Central African Republic. Indeed, today CAR uses the CFA Franc of the CEMAC zone (Cameroon, Gabon, Equatorial Guinea, Central African Republic, Republic of Congo, Chad) which prevents them from making international exchanges. This currency printed by the Bank of France is not accepted by any country in the world. Ironically, they cannot even trade with countries in the UEMOA zone (Benin, Burkina Faso, Ivory Coast, Guinea-Bissau, Mali, Niger, Senegal and Togo) which also use a CFA Franc that has the same conversion rate with the Euro.
I hope that this initiative will push other African countries to emancipate themselves from the CFA Franc, to restore their monetary sovereignty. Could Mali be next?
More information on the Sango project here.
Insider News
๐ USDC Transparency and Trust
๐ A recap on DYDX moving to Cosmos
๐ ZKrollups are coming to MetaMask and Infura
๐ต This Week in Music NFTs
๐ The 10 ETH New York finalists!
๐ FTX signed a deal with BlockFi
๐ FTX walked away from a deal with Celsius after seeing state of its finances
๐ Do you need a blockchain?
๐ Roger Ver owes CoinFLEX $47 Million USDC
๐ฎ Razer is partnering with a new blockchain game
๐ Wonderland passes vote to invest $25 million in Sifu Vision
๐ QiDao V2 is live
๐ Totem won Polkadot auction
๐ Polygon delivering again and again
๐ Artemis; Money market protocol on StarkNet
๐ Yuga Labs Lawsuit
๐ Solana NFT space still growing
Reads
๐ Upgrading ETH
๐ StarkNet Roundup 23
๐ฎ The future of crypto gaming
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