Touadéra banks on bitcoin to avert bankruptcy

Central African President Faustin-Archange Touadera.
Central African President Faustin-Archange Touadera. © Michael Brochstein/ZUMA Wire/Alamy Live News
After loudly making bitcoin legal tender in CAR, the country's president is expected in Dubai at the end of the week to oversee the launch of a cryptocurrency mining company. The aim is to ensure that civil servants can be paid in July, at a time when state coffers are empty. [...] (694 words)
Issue dated 10/05/2022 Reading time 3 minutes
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