Tag: Central African Republic

Central African Republic Reportedly Launches Crypto Coin, Bitcoiners Slam Move

Central African Republic (BIL) president Faustin-Archange Touadera announced recently that cryptocurrencies are an alternative to cash. Bitcoiners, imidlertid, insist the top cryptocurrency is the only solution to the CARs money problems. Formal Economy Not an Option Central African Republic president Faustin-Archange......

Rapport: IMF Says Central African Republic’s Bitcoin Adoption Poses Risks

The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (BIL)’s decision to adopt bitcoin. The IMF insists the adoption poses legal economic challenges not only to the country but to the region......