Cryptocurrency

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  2. CAR adopts Bitcoin as legal tender

    Will Ross

    Africa editor, BBC World Service

    Bitcoin
    Image caption: Bitcoin is a form of digital money (this is just a visual representation)

    The Central African Republic (CAR) has adopted the cryptocurrency Bitcoin as legal tender.

    It's the second country to do so after El Salvador.

    Members of parliament unanimously approved the move and President Faustin Archange Touadera signed a bill into law that makes bitcoin legal tender alongside the CFA franc.

    An official in the presidency said the move placed the CAR on the map of the world's boldest and most visionary countries.

    The landlocked state, which is one of the world's poorest, has suffered from a devastating armed conflict in recent years