We announced on the night connecting Sunday to Monday and cryptocurrency of the Central African Republic, which made a big impression in the market, Bitcoin The claim that it declared it as the official currency was confirmed by the authorities.
With the confirmation of the allegations made in the last few days, the Central African Republic has become the second country to accept BTC as its official currency.
Country’s Presidential Office Announces Bitcoin Adopted as Official Currency
According to a statement from the office of the country’s president, Faustin Archange Touadera, the bill submitted by Gourna Zacko, minister of digital economy, and Calixte Nganongo, minister of Finance and Budget, passed the country’s national assembly and signed by the president.
With the bill signed by the president of the country, a regulatory infrastructure was created for cryptocurrencies and Bitcoin was accepted as the official currency in addition to the Central African CFA Franc, which is currently used as the official currency in the country.
“This Time We Are One Step Ahead of the World”
The country’s finance minister, Herve Ndoba, told Bloomberg last week:
“There is an opinion that sub-Saharan countries are always behind other countries in adapting to new technologies. But this time, we can truly say that our country is one step ahead of the world.”
It is known that the rate of internet access in the Central African Republic, which has a population of 4.83 million in total, is around 11%. In September last year, the Latin American country, El Salvador, broke new ground in the world by accepting BTC as its official currency.
*Not investment advice.