The Central African Republic Adopts Bitcoin As Legal Tender

CAR lawmakers unanimously approved a bill legalizing the use of cryptocurrencies in the country and making bitcoin and the CFA franc legal tender.

El Salvador became the first country in the world to bring bitcoin under its umbrella of legal currencies last year.

While the majority of El Salvador’s population did not have access to the banking system when the country’s bitcoin adoption began, internet access was widespread.

…Read the full story