Central African Republic set up a committee to draft legislation on the use of crypto and tokens in the region

Central African Republic (CAR), a developing country in Central Africa. It has formed a 15-member committee responsible for drafting legislation on the use of cryptocurrencies and tokens in the region.

Faustin-Archange Touadéra, president of CAR, said that cryptocurrencies It can help remove the country’s financial barriers. And he believes in creating a business-friendly environment backed by a legal framework for the use of cryptocurrencies.

“with access cryptocurrencies This will remove the financial barriers that have existed until now. The main objective of the measures adopted by the government is the economic development of the country.”

The committee responsible for crypto legislation is made up of 15 experts from CAR’s five ministries, with members tasked with working on a legislative framework that will help. cryptocurrencies Active in the Central African Republic and accelerate the country’s economic development.

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