Central African Republic: Authorities adopt bitcoin as their legal tender

The Central African Republic, the second least developed country in the world according to the UN, adopted bitcoin as its official currency alongside the Central African franc and legalized the use of cryptocurrencies, as announced today by the Presidency, noting that it is the first country in the world. Africa making such a move.

The National Assembly “unanimously” voted in favor of the law governing cryptocurrency in the Central African Republic and President Fosten Arsange Tuandera announced it, said in a statement the head of the presidency’s Obedas Namrico. of Africa which adopts bitcoin as a reference currency “.

On September 7, 2021, El Salvador became the first country in the world to adopt bitcoin as its legal tender and the International Monetary Fund (IMF) referred to a risky decision on “financial stability, financial integrity and consumer protection”. “.

Source: AMPE

Source: Capital

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