{"id":438633,"date":"2022-04-28T00:04:57","date_gmt":"2022-04-27T21:04:57","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/central-african-republic-president-authorizes-cryptocurrency\/"},"modified":"2022-04-28T00:04:57","modified_gmt":"2022-04-27T21:04:57","slug":"central-african-republic-president-authorizes-cryptocurrency","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/central-african-republic-president-authorizes-cryptocurrency\/","title":{"rendered":"#Central African Republic president authorizes cryptocurrency"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a26234295e64\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a26234295e64\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/central-african-republic-president-authorizes-cryptocurrency\/#%E2%80%9CCentral_African_Republic_president_authorizes_cryptocurrency%E2%80%9D\" >&#8220;Central African Republic president authorizes cryptocurrency&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CCentral_African_Republic_president_authorizes_cryptocurrency%E2%80%9D\"><\/span>&#8220;Central African Republic president authorizes cryptocurrency&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<div class=\"article-gallery lightGallery\">\n<div data-thumb=\"https:\/\/scx1.b-cdn.net\/csz\/news\/tmb\/2022\/central-african-republ.jpg\" data-src=\"https:\/\/scx2.b-cdn.net\/gfx\/news\/hires\/2022\/central-african-republ.jpg\" data-sub-html=\"An advertisement of Bitcoin, one of the cryptocurrencies, is displayed on a building in Hong Kong, on Nov. 18, 2021. Central African Republic has legally recognized the use of cryptocurrency after the president approved a law adopted by deputies last week that has also made bitcoin an official currency alongside the West African CFA franc in the African nation. President Faustin Archange Touadera validated the law Wednesday, April 27, 2022, saying that the exchange rate between cryptocurrencies and the FCFA is freely determined by the market. Credit: AP Photo\/Kin Cheung, File\">\n<figure class=\"article-img\">\n            <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/scx1.b-cdn.net\/csz\/news\/800a\/2022\/central-african-republ.jpg\" alt=\"Central African Republic president authorizes cryptocurrency\" title=\"An advertisement of Bitcoin, one of the cryptocurrencies, is displayed on a building in Hong Kong, on Nov. 18, 2021. Central African Republic has legally recognized the use of cryptocurrency after the president approved a law adopted by deputies last week that has also made bitcoin an official currency alongside the West African CFA franc in the African nation. President Faustin Archange Touadera validated the law Wednesday, April 27, 2022, saying that the exchange rate between cryptocurrencies and the FCFA is freely determined by the market. Credit: AP Photo\/Kin Cheung, File\" width=\"800\" height=\"530\"\/><figcaption class=\"text-darken text-low-up text-truncate-js text-truncate mt-3\">\n                An advertisement of Bitcoin, one of the cryptocurrencies, is displayed on a building in Hong Kong, on Nov. 18, 2021. Central African Republic has legally recognized the use of cryptocurrency after the president <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roved a law adopted by deputies last week that has also made bitcoin an official currency alongside the West African CFA franc in the African nation. President Faustin Archange Touadera validated the law Wednesday, April 27, 2022, saying that the exchange rate between cryptocurrencies and the FCFA is freely determined by the market. Credit: AP Photo\/Kin Cheung, File<br \/>\n            <\/figcaption><\/figure>\n<\/p><\/div>\n<\/div>\n<p>Central African Republic has legally recognized the use of cryptocurrency after the president approved a law adopted by deputies last week that has also made bitcoin an official currency alongside the West African CFA franc in the African nation.<\/p>\n<p>                                                                                President Faustin Archange Touadera validated the law Wednesday, saying that the exchange rate between cryptocurrencies and the FCFA is freely determined by the market. Tax contributions can also be paid in cryptocurrencies through platforms recognized by the government, the government statement said.<\/p>\n<p>It said the country is now the &#8220;first country in Africa to adopt bitcoin as a reference currency.&#8221;<\/p>\n<p>Central African Republic is among the world&#8217;s poorest countries, according to the United Nations, and has been in a state insecurity and increasing violence for nine years. The government controls the capital, but much of the country is controlled by armed groups.<\/p>\n<p>Many officials and civil society groups including Citizens Standing in Solidarity with Central African Republic have protested this law, saying it risks national sovereignty.<\/p>\n<p>&#8220;By imposing cryptocurrencies as national currency, the power of Bangui has just sold off the little that still remained of the authority of the State and its power to control its economy, and therefore its development,&#8221; the group said in a statement.\n                                                                                                                        <\/p>\n<hr\/>\n<div class=\"article-main__explore my-4 d-print-none\">\n<p>                                            <a rel=\"nofollow noopener\" target=\"_blank\" class=\"text-medium text-info mt-2 d-inline-block\" href=\"https:\/\/phys.org\/news\/2021-12-india-bitcoin-crypto-ambitions.html\">India&#8217;s move to ban Bitcoin shows its own crypto ambitions<\/a>\n                                        <\/div>\n<hr class=\"mb-4\"\/>\n<p class=\"article-main__note mt-4\">\n                                                \u00a9 2022 The Associated Press. 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Central African Republic has legally recognized the use of cryptocurrency after the president approved a law adopted by deputies last week that has also made bitcoin an official currency&#8230;<\/p>\n","protected":false},"author":1,"featured_media":438634,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/scx2.b-cdn.net\/gfx\/news\/hires\/2022\/central-african-republ.jpg","fifu_image_alt":"","footnotes":""},"categories":[16],"tags":[],"class_list":["post-438633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sciencee"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/438633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=438633"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/438633\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/438634"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=438633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=438633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=438633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}