The Central African Republic reportedly passes a bill to regulate crypto use - Cointelegraph

4/25/2022 12:00:00 AM3 yearsago
by Prashant Jha
by Prashant Jha
The new crypto law has made provisions for offenders who break the laws. According to one report, offenders could be jailed for up to 20 years and fined between 100,000,000 to 1,000,000,000 Financial Community of Africa (CFA) francs.
The Central African Republic (CAR) has become the center of a hot buzz in the crypto world amid various reports of it adopting Bitcoin (BTC) quite similar to El Salvador. However, contrary to popular… [+2006 chars]
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