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Bitcoin becomes official currency in Central African Republic
11 May 2022
Public

The Central African Republic (CAR) has approved Bitcoin as legal tender - just the second country to do so.

CAR is one of the world's poorest countries, but is rich in diamonds, gold and uranium.

It has been wracked by conflict for decades and is a close Russian ally, with mercenaries from the Wagner Group helping fight rebel forces.

Lawmakers voted unanimously to adopt Bitcoin as legal tender, said a statement from the CAR presidency.

The move puts CAR "on the map of the world's boldest and most visionary countries", it said. 

Read more at : https://www.bbc.com/news/world-africa-61248809?fbclid=IwAR1c-2P0EmT08MFfLPU6h-BSFn7KuxoQ39OUNTwkPI9Yw6PlcyxxKIVjFcY

Source: BBC News

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