The Central African Republic has become the first country in Africa to adopt Bitcoin as legal tender currency. The National Assembly unanimously adopted the bill to help put the country’s plan for economic recovery and peace-building on track.

The minister of digital economy, post services and telecommunications, Gourna Zacko, and the minister of finance and budget, Calixte Nganongo, initiated and submitted the draft law establishing both the legal framework for cryptocurrency regulation and Bitcoin as an official currency in the Central African Republic.