Published 2 years ago

Central African Republic adopts bitcoin as legal currency

Summary by Ground News

The Central African Republic has adopted bitcoin as legal tender. It is the second country in the world to do so after El Salvador. Lawmakers unanimously adopted a bill that made bitcoin legal tender alongside the CFA franc and legalised the use of cryptocurrencies. The CAR is one of the planet's poorest and most troubled nations, locked in a nine-year-old civil conflict.

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BBC News

Bitcoin becomes official currency in Central African Republic

The Central Africa Republic is one of the world's poorest countries, and is a close Russian ally.

2 years ago·United Kingdom

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The Independent

Bitcoin voted official currency of Central African Republic

CAR president says cryptocurrency adoption puts nation ‘on the map of the world’s boldest and most visionary countries’

2 years ago·London, United Kingdom

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Reuters

Analysis: Bitcoin adoption by Central African Republic baffles cryptoverse

Central African Republic's adoption of bitcoin, while many of the world's largest economies stay wary of it, has puzzled the cryptocurrency world and residents of the gold and diamond-producing country, and prompted caution from the IMF.

2 years ago·United Kingdom

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NDTV

Central African Republic Adopts Bitcoin As An Official Currency

Central African Republic has adopted bitcoin as an official currency, the presidency said on Wednesday, becoming the first country in Africa and only the second in the world to do so.

2 years ago·New Delhi, India

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USA Today

Central African Republic becomes world's second country to adopt bitcoin as official currency

C.A.R.'s President Faustin Archange Touadera validated the law Wednesday, making bitcoin cryptocurrency official, along with West African CFA franc.

2 years ago·United States

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KRDO

Central African Republic president authorizes cryptocurrency

By JEAN FERNAND KOENA Associated PressBANGUI, Central African Republic (AP) — Central African Republic has legally recognized the use of cryptocurrency after the president approved a law adopted by deputies last week that has also made bitcoin an official currency alongside the West African CFA franc in the African nation. President Faustin Archange Touadera validated the law Wednesday, saying that the exchange rate between cryptocurrencies and …

2 years ago·Colorado Springs, United States

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