The Central African Republic Bets On Bitcoin

The people of the Central African Republic (CAR) are on a mission to be the first country in Africa to enable widespread bitcoin adoption. They are the second country in the world (after El Salvador) to officially adopt bitcoin as legal tender for use in regular commerce and for paying taxes.

In April 2022, President Faustin-Archange Touadéra law a bill (which passed the first C into ly) making bitcoin Central African Republic franc the legal currency of African Republic.


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