Cameroon Separatists Sell Cryptocurrency As Replacement for CFA Franc

Cameroonian separatists fighting for the independence of the self-declared state of Ambazonia have put their own cryptocurrency on sale to the general public. The AmbaCoin aims to provide humanitarian relief to those affected by the conflict in the Anglophone regions with the hope of raising up to 250 million US dollars.

"The initiative is geared towards helping with humanitarian side of things," says Frank, one of the members of the AmbaCoin project who responded to press enquiries about the cryptocurrency, but wanted to remain anonymous. "That's the idea behind it - to raise funds to support humanitarian efforts."

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