Central African Republic Adopts Bitcoin as Legal Currency

Posted on 04/27/2022

The Central African Republic is a landlocked country in Central Africa. Central African Republic has adopted bitcoin as an official currency, according to the presidency. A bill governing the use of cryptocurrency was adopted unanimously by parliament last week.

Central African Republic is one of six nations that use the Central African CFA franc, a regional currency governed by the Bank of Central African States (BEAC).

El Salvador became the first country in the world to adopt bitcoin as legal tender in 2021.

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