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Central African Republic, first in Africa to adopt Bitcoin as legal tender

CAR adopts Bitcoin as legal tender

Country will use crypto along with Central Africa CFA

CAR becomes second country in the world to officially adopt crypto

The Central African Republic (CAR) became the first African country to adopt cryptocurrency Bitcoin as legal tender.

Globally, the country is the second country to do so after El Salvador.

President Faustin Archange Touadera signed a bill into law after it had been approved by Members of Parliament unanimously.

The move means CAR will use bitcoin as 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 BBC Africa LIVE page noted.

The country is a landlocked state in central Africa, it is rated one of the world’s poorest, having suffered devastating conflict in recent years.

It was under French control till independence in 1960.

Source: www.ghanaweb.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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