Discussing The Central African Republic Making Bitcoin Legal Tender
Alex Gladstein and Fodé Diop join a Bitcoin Magazine Twitter Spaces to share updates about the Central African Republic’s plan for Bitcoin adoption.Watch On YouTube or RumbleListen To This Recording:AppleSpotifyGoogleLibsynOvercastTranscript[0:07] CK: If folks want more detail about Central African Republic updates, we have the best information we could put together yesterday in an article pinned to the top here. Alex has been tweeting about it. There's also an official document that's pinned to the top. So, got some decent resources trying to get some folks on the ground to talk....
Related News
As it turns out, the Central African Republic did not adopt bitcoin as legal tender. Yesterday, a Forbes Monaco article took the bitcoin world by storm. It said an African country had followed El Salvador’s footsteps and adopted BTC as a currency within its borders. The weird thing was, no other major outlets picked up […]
The African nation will reportedly join a short list of countries to adopt cryptocurrency as legal tender. The roughly five million residents of the Central African Republic, or CAR, will now reportedly be able to use Bitcoin in addition to the country's franc as legal tender. According to a Wednesday report from news outlet Agence France-Presse, Central African Republic President Faustin-Archange Touadéra has signed a bill into law establishing a regulatory framework for the use of cryptocurrency in the country as well as adopting Bitcoin (BTC) as legal tender. Obed Namsio, the....
Bitcoin advocates have visited the Central African Republic and offered advice on how the country can best adopt BTC as legal tender.
After adopting bitcoin as legal tender, the Central African Republic now wants to create a cryptocurrency economic zone – Sango.
A new report has claimed the Central African Republic, which became the first country in Africa to make bitcoin legal tender, recently requested the regional central bank’s assistance in developing a cryptocurrency regulatory framework. The report also said the CAR had expressed its “commitment to the single currency and respect for the statutes of the Bank of Central African States.”
Developing a Crypto Regulatory Framework
After initially clashing with the Central African Republic (CAR) over its decision to make bitcoin legal tender, the Bank of Central....