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The Central African Republic Adopts Bitcoin As Legal Tender

The Central African Republic (CAR) has adopted bitcoin as authorized tender, the president’s workplace mentioned on Wednesday.

The transfer makes the African nation the second nation on this planet to formally undertake BTC as a lawful foreign money, enabling its residents to use it in common commerce in addition to to pay taxes.

CAR lawmakers unanimously authorized a invoice legalizing the usage of cryptocurrencies within the nation and making bitcoin and the CFA franc authorized tender. President Faustin Archange Touadera then signed the measure into legislation, his chief of employees Obed Namsio mentioned in a press release.


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