The Central African Republic (CAR) has extended its Sango blockchain project to tokenization of its land and natural resources. The country, one of the poorest and most crypto-friendly in the world, is one of the most active in crypto innovation.
According to an announcement posted on X (formerly known as Twitter), the CAR National Assembly passed a law on tokenizing land and natural resources on July 24. Among other provisions of the law, it will make it possible to obtain business visas online and allow citizens and foreigners to set up businesses “easily” and obtain licensing in real estate, agriculture, natural resource exploitation and forestry. The statement said the law was "unanimously approved."