The Central African Republic has reportedly become the second country in the world, after El Salvador, to adopt Bitcoin as legal tender.
The National Assembly of the Central African Republic has unanimously approved a bill to make Bitcoin legal tender, according to Forbes Monaco, which is owned by Forbes Media.
The draft bill, submitted by The Central African Republic's Minister of Digital Economy and Telecommunications Gourna Zacko and Minister of Finance and Budget Calixte Nganongo, establishes a regulatory framework for cryptocurrencies and makes Bitcoin the official currency of the Central African Republic.
Last September, El Salvador became the first country in the world to adopt Bitcoin as legal tender.
Samson Mow, a former chief strategy officer at Blockstream, tweeted about the adoption of Bitcoin in the Central African Republic, calling it "another domino."