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Feels like there's a story here that didn't get much media coverage. Does that mean the "bitcoin becomes legal tender" law in Central Africa Republic gets repealed? That's what @TheAfricaReport is reporting.
Bangui agreed not to implement its cryptocurrency law in exchange for BEAC regulating crypto assets. This common ground was reached in Cameroon’s economic capital Douala on 20 and 21 July.
CAR backs down from implementing cryptocurrency law in exchange for BEAC engagement https://www.theafricareport.com/226880/car-backs-down-from-implementing-cryptocurrency-law-in-exchange-for-beac-engagement
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"It is forbidden for Cemac institutions and their technical partners in the framework of payment services to exchange or convert, settle or cover in foreign currency or CFA francs, transactions relating to cryptocurrencies or having a link with them," Cobac said in a statement.
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