IMF Expresses Concern About Central African Republic's Adoption Of Bitcoin

Published on: Wednesday 04 May 2022

According to the International Monetary Fund, the Central African Republic’s adoption of Bitcoin as legal tender poses several issues for the country and the region, reported Bloomberg. Related: A Second Country Adopts Bitcoin As Legal Tender The decision to adopt the cryptocurrency drew criticism from opposition parties and was made without consulting the regional central bank, which manages a common currency used by six countries, including the Central African Republic. “The adoption of Bitcoi

News source: https://finance.yahoo.com/news/imf-expresses-concern-central-african-114218017.html

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IMF Expresses Concern About Central African Republic's Adoption Of Bitcoin