Central African Republic adopts bitcoin as legal tender | Africanews

“The context, with systemic corruption and a Russian partner under international sanctions, gives rise to suspicion,” said Thierry Vircoulon, a specialist in Central Africa at the French Institute of International Relations .

“The purpose of this law is to govern all transactions related to cryptocurrencies in the Central African Republic, without restriction carried out by natural or legal persons, public or private,” prescribes the text, which refers in particular to “online trading activities”, “all electronic transactions” or even “tax contributions”.

Even if the market has calmed down in 2022, the variations remain very strong: -17% in February, +8% in March and +10% in April.

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