Tag: CAR
The growing need for crypto regulation in Africa
Among the challenges that regulators face include determining how to classify cryptocurrencies under existing legal frameworks, Know-Your-Customer (KYC) compliance, and addressing concerns over...
CBDCs vs. Cryptocurrencies: Clash of the digital currency titans
Bitcoin was the first cryptocurrency adopted by an African nation as legal tender; Africa's first CBDC was Nigeria's eNaira.
Even though the CAR...
CAR bitcoin failure: Is Africa ready to legalize cryptocurrencies
Bitcoin failure in CAR reveals loopholes that must be fixed before the continent is ready to adopt cryptocurrencies widely.
The Central African country...
CAR: Constitutional court rules out Sango’s power to buy citizenship, land or residency
The Sango included opportunities to buy land, residency and citizenship
The constitutional court in the country ruled that citizenship did not have a...
Crypto adoption: the political economy of Central Africa Republic’s bold Bitcoin ‘decision’
The Central Africa Republic is the first African nation and the world’s second after El Salvador (who took a similar move on September 7, 2021) to recognize bitcoin as legal tender.
Central African Republic announces plans for a central bank digital currency
The Central African Republic has announced plans to introduce a Central Bank Digital Currency in the 3rd quarter of 2022
The currency to...