Central African Republic Adopts Bitcoin as Legal Tender, Second Country Following El Salvador

Central African Republic (CAR) has officially adopted Bitcoin (BTC) as a legal tender in the country.

The move was ushered in with the unanimous adoption of the premier digital currency by the country’s lawmakers, who noted that the coin will now operate in correlation with the CFA franc.
As confirmed by the Chief of Staff to President Faustin Archange Touadera, Obed Namsio said the bill has been signed into law by the President. According to Namsio, the Central African Republic “is the first country in Africa to adopt bitcoin as legal tender,” Namsio said, adding that “This move places …

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