Central African Republic Launches Legal Framework For Economic Use Of Bitcoin

The Central African Republic is developing a legal framework enabling the economic use of cryptocurrencies like bitcoin. The Finance Minister explained they will not be replicating El Salvadoran legislation that made bitcoin legal tender.Infrastructure development will be required to achieve wide-spread economic use of cryptocurrencies.The Central African Republic has launched the creation of a legal framework that will allow the use of cryptocurrencies like bitcoin to be openly used within the economy, according to a report from Bloomberg.