The Central African Republic (Car) has adopted bitcoin as lawful tender, the president’s business reported on Wednesday.

The transfer makes the African region the 2nd country in the environment to officially undertake BTC as a lawful currency, enabling its citizens to use it in standard commerce as nicely as to spend taxes.

Motor vehicle lawmakers unanimously authorised a invoice legalizing the use of cryptocurrencies in the nation and building bitcoin and the CFA franc lawful tender. President Faustin Archange Touadera then signed the measure into legislation, his chief of staff members Obed Namsio reported in a statement.