Wow! It is awesome!

Bitcoin is now official currency in Central African Republic

The Central African Republic follows in the footsteps of El Salvador, which adopted Bitcoin as legal tender last year.

A bill governing the use of cryptocurrency was adopted unanimously by the Central African Republic's parliament last week, according to a statement signed by Obed Namsio, chief of staff of President Faustin-Archange Touadera [File: Dado Ruvic/Reuters]

Published On 27 Apr 202228 Apr 2022

The Central African Republic has adopted Bitcoin as an official currency, the presidency said on Wednesday, making it the first country in Africa and only the second in the world to do so.

Despite rich reserves of gold and diamonds, the Central African Republic is one of the world’s poorest and least-developed countries and has been gripped by rebel violence for years.

A bill governing the use of cryptocurrency was adopted unanimously by parliament last week, said a statement signed by Obed Namsio, chief of staff of President Faustin-Archange Touadera.