• $CAR memecoin aims to boost national development but faces deepfake video claims.  
• AI tools flagged the president’s video as suspicious, raising doubts about legitimacy.  
• CAR’s memecoin domain was registered shortly before launch, leading to further scrutiny.

The Central African Republic (CAR) unveiled a new memecoin, $CAR, to boost national development and spotlight the country on the global stage. In an official announcement, President Faustion-Archange Touadera presented the project, acknowledging its risky nature and its capacity to unite people.

Touadera, who became the second president worldwide to adopt Bitcoin as legal tender, has consistently supported cryptocurrency’s potential gains. In his statement, he reiterated his belief in crypto as a tool for global progress.

The $CAR token, which kicked off on the Solana…

The post Central African Republic’s CAR Memecoin Launch Marred by Deepfake Claims & Suspended Domain appeared first on Coin Edition.

• $CAR memecoin aims to boost national development but faces deepfake video claims.  
• AI tools flagged the president’s video as suspicious, raising doubts about legitimacy.  
• CAR’s memecoin domain was registered shortly before launch, leading to further scrutiny.

The Central African Republic (CAR) unveiled a new memecoin, $CAR, to boost national development and spotlight the country on the global stage. In an official announcement, President Faustion-Archange Touadera presented the project, acknowledging its risky nature and its capacity to unite people.

Touadera, who became the second president worldwide to adopt Bitcoin as legal tender, has consistently supported cryptocurrency’s potential gains. In his statement, he reiterated his belief in crypto as a tool for global progress.

The $CAR token, which kicked off on the Solana…

The post Central African Republic’s CAR Memecoin Launch Marred by Deepfake Claims & Suspended Domain appeared first on Coin Edition.