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."
Asked about a government initiative to allow foreign investors to buy citizenship for $60,000 worth of Sango Coins, an unidentified moderator on the channel said "more updates about this will be made next month."
Central African Republic, with poor access to the internet and electricity, became the first African state to make bitcoin legal tender in April, following El Salvador in September 2021.
More than $2 trillion has been wiped off the cryptocurrency market since its peak in November 2021, according to CoinGecko data.
Investors have been spooked by the collapse of several crypto firms, including major exchange FTX last month, rising interest rates and recession fears.