Central African Republic makes cryptocurrency legal tender

Bangui, capital of the Central African Republic

Wikimedia/Alllexxxis

- Central Banking Newsdesk
- 28 Apr 2022

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The president of the Central African Republic, Faustin-Archange Touadéra, approved a law making bitcoin legal tender, according to an April 26 government press release.

If this announcement is correct, the CAR will be the second country to make bitcoin an official currency, after El Salvador.

The press release from the government says the new cryptocurrency law is part of an “economic recovery and peace-building plan”.

The national assembly passed the law unanimously on April 21, according to

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