Apr 26, 2022 at 19:35 UTC 733687Several news outlets are reporting that the Central African Republic (CAR) has passed a bill favoring Bitcoin and cryptocurrency.
While some headlines suggest that the African nation has adopted Bitcoin entirely, this is not the case.
The approved bill will allow for Bitcoin and cryptocurrency use within the financial markets.
The minister of Digital Economy, Posts and Telecommunications, Justin Gourna Zacko, introduced the bill last Thursday and received unanimous support.
Zacko hopes this bill will facilitate future Bitcoin and virtual currencies expansion in the country.
Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by TokenAround.