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Singer Akon Is Launching a Cryptocurrency, Building Senegal City

  • Grammy-nominated artist hopes to launch coin as soon as July
  • Coin would power planned 2,000-acre development in Senegal
Akon

Akon

Photographer: Tim P. Whitby/Getty Images

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When Grammy Award-nominated singer Akon tried to convert some of Senegal’s currency to euros during a trip from Dakar to Paris a few years back, he was met with resistance. An employee at the currency exchange counter in France told him, “Unfortunately, we don’t take those.”