Central African Republic becomes second country to adopt bitcoin as legal tender

Central African Republic becomes second country to adopt bitcoin as legal tender

Daily Current Affairs   /   Central African Republic becomes second country to adopt bitcoin as legal tender

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Category : International Published on: May 02 2022

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  • The Central African Republic has become the second country in the world to adopt bitcoin as official currency, after El Salvador.
  • It is the first country in Africa to adopt bitcoin as a reference currency?
  • Central African Republic is among the world’s poorest countries.
  • The capital is controlled by the government of this country, but much of the country is controlled by armed groups.
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