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Central African Republic Accepts Bitcoin as legal tender! Read the new law that was passed

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Central African Republic Accepts Bitcoin as legal tender! Read the new law that was passed
Central African Republic Accepts Bitcoin as legal tender!

Central African Republic Accepts Bitcoin as Legal Tender: The Central African Republic has passed a law to accept the cryptocurrency Bitcoin as a legal currency, after the spread of “Bitcoin fever” in El Salvador, Lugano, and Honduras Prospera (a Special Economic Zone in Latin America), according to Forbes.

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Central African Republic Accepts Bitcoin

The bill, which would make cryptocurrency legal in the country, was unanimously passed by the National Assembly.

It is worth noting that both the Minister of Finance and Budget, Calixte Nganongo, and the Minister of Digital Economy, Postal Services, and Telecommunications, Gourna Zacko, have introduced legislation establishing the legal framework for regulating cryptocurrencies in the Central African Republic, as well as Bitcoin as the official currency.

El Salvador accepted Bitcoin as legal tender

In turn, the National Assembly unanimously endorsed this law, to aid in the country’s economic recovery and peacebuilding efforts. In this context, we should note that El Salvador accepted Bitcoin as legal tender last September. Where was the president of El Salvador, Najib Boukeli? He is optimistic about the prospects for cryptocurrency, and is actively talking about it.

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On the other hand, I accepted the city of Lugano, Switzerland also has a currency called Bitcoin as legal tender, along with stablecoins Tether USDT, Tether, and LVGA. Last month.

Aas announced Honduras Prospera (Special Economic Zone in Latin America) this month, and it will accept Bitcoin as a legal currency in the country to drive economic growth.

Morgan Stanely and Goldman Sachs Goldman Sachs Shown interest in the currency Bitcoin

Although experts still believe that coins like Bitcoin and other cryptocurrencies are too volatile to be legal tender in modern economies, it is interesting to note that institutional investors like Morgan Stanley, Morgan Stanely and Goldman Sachs. Goldman Sachs has recently shown an interest in the currency Bitcoin and other cryptocurrencies, which has prompted their widespread adoption.

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Finally, retail giants like Walmart, Shopify, Whole Foods, McDonald’s, and Starbucks also accept Bitcoin as a viable online payment option. Recently, the Lightning Network recently

Despite its ups and downs, it will have an important role in shaping the future of money.

FAQ

First country to declare bitcoin legal tender.

Answer: El Salvador is the first country to accepted Bitcoin as legal tender last September.

Which country has now declared bitcoin as legal tender?

Answer: Central African Republic has now declared bitcoin legal tender?

1 COMMENT

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