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In an apparent message to critics of the Central African Republic’s bitcoin decision, the country’s president, Faustin-Archange Touadéra, recently argued that understanding the crypto’s disruptive power is crucial and that…
The World Bank has said “it will be physically impossible” for the lender to fund the planned Sango crypto hub and voiced concerns regarding the country’s adoption of Bitcoin.
The Central African Republic adopted Bitcoin as an official currency in April. Central African Republic Announces Sango Project Weeks after adopting Bitcoin as a legal tender, the Central African Republic...
An African regulator has told members of the six-nation Economic and Monetary Community of Central Africa (CEMAC) that a ban on cryptocurrencies is still effective. The regulator said the prohibition…
The African startup, Mara, recently said it has raised about $23 million in funding from organizations ranging from Coinbase Ventures to individual angel investors like Amit Bhatia and Hamad Alhoimaizi.…
The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s decision to adopt bitcoin. The IMF insists the adoption poses legal…
The African nation will reportedly join a short list of countries to adopt cryptocurrency as legal tender.
The Central African Republic is the second country to introduce Bitcoin as legal tender behind El Salvador. The Central African Republic Adopts Bitcoin The Central African Republic has passed legislation...