Cryptocurrency News
The Central African Republic reportedly passes a bill to regulate crypto use
2022.04.25 14:51
The Central African Republic reportedly passes a bill to regulate crypto use
The Central African Republic (CAR) has become the center of a hot buzz in the crypto world amid various reports of it adopting Bitcoin (BTC) quite similar to El Salvador. However, contrary to popular headlines, the African nation has not adopted BTC as a legal tender, instead, it has reportedly legalized the use of cryptocurrencies in the financial markets.
The cryptocurrency bill was introduced by Justin Gourna Zacko, the Minister of Digital Economy, Post and Telecommunications on April 21 and was unanimously approved by the lawmakers in the parliament despite a protest from the opposition, reported RFI.
