Central African Republic Adopts Bitcoin As Legal Tender, 1st Time In Africa

Central African Republic (CAR) has become the first African country to adopt Bitcoin as legal tender.l, Platforms Africa reports. President Faustin-Archange Touadéra has signed a bill into law to make Bitcoin a legal tender alongside the CFA franc. Platforms Africa reports that the Chief of Staff to the President, Obed Namsio confirmed that the African country has become the second country to accept it after El Salvador. Namsio stated that the lawmakers had unanimously passed the bill, which would make the cryptocurrency legal tender in the country. “This move places…

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