Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

Benzinga

Akanksha Bakshi

Central African Republic Declares Bitcoin Legal Currency: Bloomberg

Bitcoin Central African Republic CAR Cryptocurrency El Salvador Internet

Bitcoin (CRYPTO: BTC) has been declared as an official currency by The Central African Republic, the second nation in the world to accept the cryptocurrency as legal tender, Bloomberg reports.
"Cryptomoney, including Bitcoin, is now considered an official currency in CAR," Albert Mokpeme, spokesman for President Faustin-Archange Touadera, stated.
"By legalizing the use of Bitcoin, CAR hopes to attract investors," he continued, adding that its use will simplify money transfers, which can be "sometimes complicated in our country."
El Salvador, in September 2021, became the first nation to introduce Bitcoin as legal tender.
According to DataReportal, an online data platform, Internet penetration in the landlocked country is around 11% of the 5 million population.

Sign up to read this article

Read news from 100’s of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Putin makes clear Russia will only play ball with Ukraine by his rules

Putin makes clear Russia will only play ball with Ukraine by his rules

While carefully avoiding an outright rejection of US ceasefire proposals, Moscow is playing for time

The Guardian - UK

First Thing: Chuck Schumer to back Republican funding bill to avoid shutdown

First Thing: Chuck Schumer to back Republican funding bill to avoid shutdown

Minority leader says a shutdown would hand Trump and Musk a ‘carte blanche’. Plus, JD Vance booed at Washington concert

The Guardian - UK

Chuck Schumer's Last-Minute Call to Back Republican Spending Bill Sparks Fury of Fellow Democrats: 'We Will Not Be Complicit'

Chuck Schumer's Last-Minute Call to Back Republican Spending Bill Sparks Fury of Fellow Democrats: 'We Will Not Be Complicit'

House Democrats are raging against Senate Minority Leader Chuck Schumer for saying he would support the GOP's bill to avert a shutdown despite the party's opposition in the lower chamber

Europe is rapidly rearming. Will that leave neutral Ireland defenceless?

Europe is rapidly rearming. Will that leave neutral Ireland defenceless?

Debates about the ‘triple lock’ that underpins our neutrality miss the point. In a Trumpian world, Ireland must finally commit to its own security, says political scientist Brigid Laffan

The Guardian - UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Canadians who visit US for more than 30 days will be fingerprinted

Canadians who visit US for more than 30 days will be fingerprinted

New requirement hardens enforcement of existing law that hasn’t been applied consistently to Canadians entering the United States

The Guardian - US

Ukraine war briefing: Mandatory evacuations on border with Kursk as Putin mulls ceasefire

Ukraine war briefing: Mandatory evacuations on border with Kursk as Putin mulls ceasefire

Moscow offers heavily qualified support for US-Ukraine proposal as Russia regains more of Kursk region

The Guardian - AU

Related Stories

Top stories on inkl right now

Putin makes clear Russia will only play ball with Ukraine by his rules

Putin makes clear Russia will only play ball with Ukraine by his rules

While carefully avoiding an outright rejection of US ceasefire proposals, Moscow is playing for time

The Guardian - UK

First Thing: Chuck Schumer to back Republican funding bill to avoid shutdown

First Thing: Chuck Schumer to back Republican funding bill to avoid shutdown

Minority leader says a shutdown would hand Trump and Musk a ‘carte blanche’. Plus, JD Vance booed at Washington concert

The Guardian - UK

Chuck Schumer's Last-Minute Call to Back Republican Spending Bill Sparks Fury of Fellow Democrats: 'We Will Not Be Complicit'

Chuck Schumer's Last-Minute Call to Back Republican Spending Bill Sparks Fury of Fellow Democrats: 'We Will Not Be Complicit'

House Democrats are raging against Senate Minority Leader Chuck Schumer for saying he would support the GOP's bill to avert a shutdown despite the party's opposition in the lower chamber

Europe is rapidly rearming. Will that leave neutral Ireland defenceless?

Europe is rapidly rearming. Will that leave neutral Ireland defenceless?

Debates about the ‘triple lock’ that underpins our neutrality miss the point. In a Trumpian world, Ireland must finally commit to its own security, says political scientist Brigid Laffan

The Guardian - UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Canadians who visit US for more than 30 days will be fingerprinted

Canadians who visit US for more than 30 days will be fingerprinted

New requirement hardens enforcement of existing law that hasn’t been applied consistently to Canadians entering the United States

The Guardian - US

Ukraine war briefing: Mandatory evacuations on border with Kursk as Putin mulls ceasefire

Ukraine war briefing: Mandatory evacuations on border with Kursk as Putin mulls ceasefire

Moscow offers heavily qualified support for US-Ukraine proposal as Russia regains more of Kursk region

The Guardian - AU

Our Picks

How much sleep do you really need? Experts say it depends

Most people spend a third of their lives sleeping, but you may need more or less than eight hours a night

The Independent UK

Why parents of ‘twice-exceptional’ children choose homeschooling over public school

Homeschooling has exploded in popularity in recent years, particularly since the pandemic. But researchers are still exploring why parents choose to homeschool their children.

The Conversation

Does the Sleepy Girl Mocktail really work? The expert's surprising view

Sleepy Girl Mocktail has blown up on TikTok, but is it really the ultimate nightcap for the best sleep of your life, or just another social media fad, asks nutritionist Louise Pyne

Evening Standard

Will TikTok's new parental control features really work?

"TikTok must think that every parent is just a complete idiot," said Titania Jordan in a new Instagram reel.

Lizzo opens up about her ‘deep depression’ during first concert in nearly two years after harassment allegations

Pop star returned to the stage on Wednesday for the first time since she was sued by four ex-employees in 2023 following the conclusion of her Special tour

The Independent UK

Peter Wolf reflects on his musical roots

“I wasn't part of the initial Beatlemania,” Wolf said in a chat with "Everything Fab Four"

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play