BTC Bitcoin Adoption by Central African Republic Against Pact: Region Authority – Bloomberg

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The Central African Republic adopted Bitcoin in disregard of a decades-old agreement on a common currency with five of its neighbors, a regional monetary authority said.
The CAR’s announcement of the cryptocurrency as legal tender last month was made without consulting the Bank of Central African States. It goes against a “fundamental rule” that all six states of the Central African Monetary Union should use the CFA franc, Governor Abbas Mahamat Tolli said in a letter dated April 29 and seen by Bloomberg.


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