The Central African Republic government's economic development plans are working on policies that will provide quick relief to citizens. Following El Salvador, adopting Bitcoin as its legal currency, the Central African Republic is one of the poorest countries in the world. The lawmakers of the country with a population of 6 million openly accepted the bill.
Bitcoin Adopted as Official Currency
The government was working on a legislative framework plan for the country's use of cryptocurrencies. The legislation focuses on defining how citizens can interact with digital assets.