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Currently, the world's leading states are assessing the possibility of introducing national digital currencies and the difficulties and risks associated with it. At the same time, other countries are already making decisions to recognize cryptocurrencies as official means of payment at the state level.
El Salvador in 2021 became the first country in the world where Bitcoin was recognized as an official means of payment. Citizens of the country can now pay with cryptocurrency for any goods and services.
The next country after El Salvador, which will legalize cryptocurrency at the state level, will be the Central African Republic (CAR). This decision was made after the discussion of the issue in the National Assembly, which has already approved amendments to the relevant law.
The debate in the legislature of CAR was held behind closed doors. After their conclusion the president of the country Faustin-Archange Touadera supported the opinion of the Central Bank of the need to recognize the cryptocurrency as a legal tender, on a par with the Central African franc (CFA).
The government of the Central African Republic will also revise the current law. Several changes have already been made to its new text, which parliamentarians are still working on. Unlike the original version, which obliged any economic agent to accept cryptocurrencies as a means of payment when buying goods or services, the new law is more guided by the consent of the parties.
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El Salvador in 2021 became the first country in the world where Bitcoin was recognized as an official means of payment. Citizens of the country can now pay with cryptocurrency for any goods and services.
The next country after El Salvador, which will legalize cryptocurrency at the state level, will be the Central African Republic (CAR). This decision was made after the discussion of the issue in the National Assembly, which has already approved amendments to the relevant law.
The debate in the legislature of CAR was held behind closed doors. After their conclusion the president of the country Faustin-Archange Touadera supported the opinion of the Central Bank of the need to recognize the cryptocurrency as a legal tender, on a par with the Central African franc (CFA).
The government of the Central African Republic will also revise the current law. Several changes have already been made to its new text, which parliamentarians are still working on. Unlike the original version, which obliged any economic agent to accept cryptocurrencies as a means of payment when buying goods or services, the new law is more guided by the consent of the parties.
Henbbo - smart investment will change your life!
Return to Updates
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