The Central African Republic (CAR) has announced the adoption of Bitcoin as legal tender. CAR is the second country to adopt BTC as legal tender after El Salvador. With this move, the country will be ...
Tag: African
IMF Expresses Concern Over Central African Republic’s Bitcoin Adoption
The International Monetary Fund (IMF) has voiced concerns over the Central African Republic’s adoption of bitcoin as legal tender saying it raises a number of challenges for the country and region. Th...
The Central African Republic’s adoption of Bitcoin as legal tender – a vain hope or a lifeline?
The Central African Republic (CAR) has become the second country after El Salvador to adopt Bitcoin as its official currency, and the first in Africa to do so. BTC will become legal tender alongside t...
Let’s Analyze The Actual Text From The Central African Republic’s Bitcoin Law
As it turns out, it’s a Bitcoin Law after all. The full text from the Central African Republic’s law that makes bitcoin legal tender is finally out, clearing all kinds of doubts and questions that the...
South African citizens increase cryptocurrency adoption according to REVIX and VALR
Although Bitcoin, the number one cryptocurrency in the decentralized market, has lost value in recent weeks, it has not stopped South African citizens from buying it. According to reports, from 2021, ...
This Week in Coins: Prices Continue Downward, Central African Republic Adopts Bitcoin, Canada Says ‘Nah’
This week in coins. Illustration by Mitchell Preffer for Decrypt. Markets broadly dipped for the fourth consecutive week despite cryptocurrencies popping up everywhere—in things like Fidelity retireme...
Central African Republic Didn’t Share Bitcoin Adoption Plans With Central Bank: Report
In brief The Bank of Central African States said it had not been notified of the Central African Republic’s plan to make Bitcoin legal tender. The former prime minister is also skeptical of the ...
IMF raises concerns over the Central African Republic’s adoption of Bitcoin as legal tender
The International Monetary Fund expressed concerns over the Central African Republic’s adoption of Bitcoin(BTC) as legal tender. The IMF’s Africa head Abebe Aemro Selassie said for BTC to work as lega...
Central African Republic Becomes Second Country to Adopt Bitcoin as Legal Tender
The Central African Republic (CAR), announced today that it has adopted Bitcoin as legal tender. It becomes the second country, after El Salvador, to make the move. The official Facebook account of th...
Central African Republic Has Adopted Bitcoin as Reference Currency — Office of the Presidency – Featured Bitcoin News
Following the confusion that surrounded initial reports, a senior staffer in the Central African Republic (CAR)’s presidency has now confirmed that bitcoin will become the country’s reference currency...
Central African Republic Becomes Second Nation Ever To Adopt Bitcoin (BTC) As Legal Tender
An African country has become the second nation on Earth to accept Bitcoin (BTC) and other crypto assets as legal currency. Following in the footsteps of Latin American nation El Salvador, the Central...
Central African Republic Looks To Strengthen Economic Trajectory With Bitcoin As Legal Tender ⋆ ZyCrypto
Advertisement     It’s been over seven months since El Salvador became the first nation in the world to adopt bitcoin as legal tender — though the transition has been ...
The Central African Republic Actually Adopted Bitcoin. What Else Do We Know?
Incredible. As it turns out, the Central African Republic is the second country in the world to adopt bitcoin as legal tender. An official press release from the president’s chief of staff, Obed Namsi...
Digital Assets And African Markets
Opportunities to invest in Africa have been missed in every cycle, as investor fear over the unknown outweighs market fundamentals and clear signs of growth. While there is definitely risk and volatil...
Central African Republic’s president says mathematics is Universe’s language, Bitcoin
After the major news broke out of the Central African Republic (CAR) joining El Salvador on the list of countries where Bitcoin (BTC) is accepted as legal tender, its leader has expressed his optimism...
Central African Republic chooses Bitcoin as legal tender
The Central African Republic, one of the world’s poorest countries, has decided to adopt Bitcoin as legal tender. Central African Republic, 2nd in the world to have Bitcoin as legal tender After El S...
Central African Republic Makes Bitcoin Legal Tender
The Central African Republic (CAR) has officially become the world’s second country to adopt Bitcoin as legal tender, announced the President’s office on Wednesday. As with El Salvador, the Internatio...
Central African Republic Becomes First African Country to Adopt Bitcoin
The Central African Republic (CAR) has become the first country on the continent to unanimously accept a bill governing the use of Bitcoin. On April 26th, Faustin Archange Touadera, the President of C...
Central African Republic Adopts Bitcoin as Legal Tender, Second Country Following El Salvador
Central African Republic (CAR) has officially adopted Bitcoin (BTC) as a legal tender in the country. The move was ushered in with the unanimous adoption of the premier digital currency by the country...
Central African Republic officially adopts Bitcoin as legal tender
The Central African Republic (CAR) has officially adopted Bitcoin as legal tender, according to the president’s office, making it the world’s second nation to do so after El Salvador. President Fausti...
Central African Republic Introduces Bitcoin as Legal Tender
Key Takeaways The Central African Republic has introduced Bitcoin as a legal tender, the president’s office has confirmed. The Central African Republic is the second country in the world after E...
First African Country Is a Step Closer to Adopting Bitcoin
The Central African Republic (CAR) passed a bill that formally adopts Bitcoin as legal tender. This means that cryptocurrencies may be recognized as means of payment. Many countries see cryptocurrenci...
African Crypto Adoption At Record Heights Despite Lacking Regulation And Government Support
Africa, the second-largest continent globally, with more than 1.5 billion people, is gradually reinventing itself. Following decades of neglect, socioeconomic problems, civil wars, and poor governance...
The Central African Republic Adopts Bitcoin As Legal Tender
Following in the footsteps of El Salvador, the Central African Republic (CAR) has passed a bill legalizing BTC as acceptable tender in the country. BTC Is Legal In This African Nation The CAR became ...
Bitcoin (BTC) Now Legal Tender in The Central African Republic – crypto.news
Authorities in the Central African Republic have unanimously passed a bill aimed at legalizing bitcoin (BTC) and other cryptocurrencies, making it the first African nation to officially give bitcoin ...
Central African Republic adopts Bitcoin as legal tender
The Central African Republic has officially become the second country to adopt Bitcoin (BTC) as legal tender. According to reports from Forbes Monaco, the National Assembly unanimously passed the bill...
Central African Republic adopts Bitcoin as legal tender, should you buy?
Bitcoin BTC/USD is the largest cryptocurrency in terms of market capitalization and has gathered a high level of appeal in the eyes of investors. As such, it is also one of the biggest cryptocurrencie...
Central African Republic to Accept Bitcoin as Legal Tender (Report)
The government of the Central African Republic (CAR) has reportedly passed a law to embrace bitcoin as an official payment method inside the nation’s borders. If successful, the initiative will turn t...
The Central African Republic reportedly passes a bill to regulate crypto use
The Central African Republic (CAR) has become the center of a hot buzz in the crypto world amid various reports of it adopting Bitcoin (BTC) quite similar to El Salvador. However, contrary to popular ...
Central African Republic passes bill regulating cryptocurrencies but has yet to adopt Bitcoin
As the cryptocurrency market expands across the world and its assets become more accepted as a valid form of payment, governments are increasingly showing signs of interest to regulate this new asset ...
Did The Central African Republic Adopt Bitcoin As Legal Tender? Here’s The 411
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 Salv...