The Central African Republic (CAR), a developed country in Central Africa, has established a 15-member federation to draft a bill on the use of cryptocurrency and the conversion of tokens in the region.
According to Faustin Archange Touad é ra, the chief president of CAR, cryptocurrency is likely to help clear the country's financial barriers. I firmly believe that with the strong support of the legal framework for the application of cryptocurrency, a natural environment conducive to business will be created. The approximate Chinese translation of the official news release is as follows:
"With the acquisition of cryptocurrency, the existing currency fortress will subside at this stage, and the main goal of the measures taken by the government is to promote the national economy."
The federation responsible for drafting the encryption bill is composed of 15 experts from five departments of CAR: the Ministry of Mines and Geology, the Ministry of Water Conservancy and Engineering, the Ministry of Forestry and Fruit Industry, the Ministry of Hunting and Fisheries, the Ministry of Agriculture, Animal Husbandry and Urban Domestic Trade, the Ministry of Urban Planning and Construction, the Land Revolution, the Ministry of Urban and Housing and its judicial departments, and the Ministry of Promoting People's Rights and Friendly Government.
According to the cooperation, the goal of the team members is to develop a legal framework to allow cryptocurrency to operate in the Central African Republic and accelerate the rapid development of the national economy.
The encryption measures in North America mean another milestone. Roqqu, the encryption trading center in Nigeria, won the digital currency license in the European Economic Area after two years of waiting for the approval of the regulatory authorities.
Benjamin Onomor, CEO of Roqqu, told CoinTelegram that African blacks in offshore accounts remitted more than $5 billion to their families, so the current remittance system software mitigated this process.
He added: "It is very meaningful to solve this problem by using cryptocurrency as a special tool. Cryptocurrency is a fast and cheap route, which can fill the gap and help reduce the cost of asset transfer around the world. This is the key to the problem we want to solve.".
Polkadot was launched in May 2020. In a market dominated by Bitcoin and Ethereum, it quickly established itself as the next generation blockchain. The scale and interoperability problems limit Bitcoin's ability to transfer value without the assistance of
For some newcomers to the currency circle, they are not familiar with the investment in the currency circle, and their understanding of the special currency is not very deep. Therefore, they may be at a loss in the choice of investment methods. Many inves
Lummis is a well-known crypto advocate on Capitol Hill with over $100,000 in crypto.
Several analysts argue that shrimp accumulation is good for the Bitcoin network because it makes the asset more decentralized over time.
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
Interestingly, the price surge was on the back of increased activity from whales, as indicated by on-chain data. The increased activity led to an increased"/>
Recent market dynamics have seen Solana struggling to break above the $200 mark. A notable bearish factor among these market fundamentals is the recent"/>
DOGE, the internet's favorite memecoin, is back in the spotlight. Recent data reveals a surge in futures market activity, coupled with bullish technical"/>
The recent stratospheric rise of Bitcoin, reaching a new all-time high of $73,000, has sent ripples of excitement and trepidation through the crypto world."/>
Co-founder of Tornado Cash Roman Storm has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ)."/>
On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7"/>
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
Tue, 18 Apr 2023