Changelly

Cryptocurrency

The Central African Republic Adopts Bitcoin As Legal Tender

1 Mins read



The Central African Republic (CAR) has adopted bitcoin as legal tender, the president’s office said on Wednesday.

The move makes the African country the second nation in the world to officially adopt BTC as a lawful currency, enabling its citizens to use it in regular commerce as well as to pay taxes.

CAR lawmakers unanimously approved a bill legalizing the use of cryptocurrencies in the country and making bitcoin and the CFA franc legal tender. President Faustin Archange Touadera then signed the measure into law, his chief of staff Obed Namsio said in a statement.





Source link

Related posts
Cryptocurrency

Coinsource Deploys 800 Bitcoin ATMs Across U.S.

1 Mins read
Coinsource is installing 800 bitcoin ATMs across midwestern Kwik Trip gas stations. Coinsource charges a flat 11% fee and offers a discount…
Cryptocurrency

The 10 most expensive NFTs sold to date

4 Mins read
Nonfungible tokens, or NFTs, are turning out to be a treasure store with prices striding into the millions of dollars. Instances of…
Cryptocurrency

Crypto Fees Explained + How to Pay Less in Bitcoin Fees

5 Mins read
Any crypto user will tell you the worst part of transacting in digital currencies is the fees attached to each and every…

Leave a Reply

Your email address will not be published. Required fields are marked *