The Central African Republic has become Africa's first country to accept Bitcoin as a form of payment. The bill was unanimously enacted by the National Assembly, a world first, to enable the country's plan for economic recovery and peacebuilding to get back on track.
Gourna Zacko, the minister of digital economy, post services, and telecommunications, and Calixte Nganongo, the minister of finance and budget, initiated and submitted a draft law that establishes the legal framework for cryptocurrency regulation as well as Bitcoin as an official currency in the Central African Republic.
The acceptance of cryptocurrencies as a legal form of payment established through special legislation is implied by the use of legal tender.
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