The Central African Republic Bets On Bitcoin

The folks of the Central African Republic (CAR) are on a mission to be the primary nation in Africa to allow widespread bitcoin adoption. They’re the second nation on this planet (after El Salvador) to formally undertake bitcoin as a authorized tender to be used in common commerce and for paying taxes.

In April 2022, President Faustin-Archange Touadéra signed into legislation a invoice (which handed unanimously) making bitcoin and the CFA franc the authorized forex of the Central African Republic.


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