CEOWORLD magazine – Top Stories – Big Picture – What You Need To Know About Crypto Citizenship Program in the Central African Republic
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Recently, the top court in the Central African Republic blocked the government’s attempt to launch the crypto citizenship program. This brought the attention of the world to the evolving state of citizenship through investment programs. And, the Central African Republic’s move to implement such a program was quite interesting. This is the reason why I picked up the said program for our discussion today.
There has been quite a fuss about the legitimacy of cryptocurrency in business transactions. With the massive downfall in 2022, skeptics of cryptos have bolstered the call against their recognition. Amid this series of events, the announcement of the crypto citizenship program was an interesting development.
In today’s article, we shall discuss the program in detail.
However, in case, residency is on the agenda, then the investment amount shoots down to USD 6,000 which needs to be locked for a period of 3 years. The said amount will also be returned to the investor.
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CEOWORLD magazine – Top Stories – Big Picture – What You Need To Know About Crypto Citizenship Program in the Central African Republic
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