Tag: MONETARY

C.Africa passes law to implement use of digital currency

BANGUI, Central African Republic, May 30, 2023 (AFP) – The Central African Republic (CAR) has passed a law that allows foreign investment in cryptocurrencies, after last year adopting Bitcoin and its own digital currency, the Sango as legal tender. A bill was passed by acclamation, National Assembly president Simplice Mathieu Sarandji announced late Monday. The law comes after the CAR — one of the poorest countries in the world — suddenly announced in April 2022 […]