It said an African country had followed El Salvador’s footsteps and adopted BTC as a currency within its borders.
What’s the real story, then? On April 21st, the Central African Republic’s National Assembly unanimously approved the “Bill Governing Cryptocurrency.” That much is true.
The Forbes logo threw everyone off.
He was the first one to roll back the story and provide a much better source, though, but before we get into that.
A big-big topic at the Bitcoin 2022 conference – example 1, example 2 – the Central African Republic’s economy runs on the CFA Franc.
So, by the looks of it, the bill is looking at cryptocurrency regulation instead of adoption.
“As an individual, sending money to the Central African Republic from elsewhere becomes very difficult and also receiving money from the Central African Republic is complex because it is controlled, it goes through the Central Bank and, there are many things.
“In a letter, the opposition deputies Dologuélé, Ziguélé and Ngakola, members of the commission who studied the bill, dissociated themselves from the final report.
Remember, until the public can read the actual text on the bill, everything’s speculation.