The central African government’s move to embrace bitcoin highlights the growing importance of cryptocurrencies across the continent, with central banks playing catch up.
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BEAC governor: Cemac countries must work together to thrive
January 2, 2013The central bank governor of the Economic and Monetary Community of Central Africa says that the advantages of the CFA franc’s peg to the euro greatly outweigh the disadvantages, but he believes deeper integration among its six members is needed for them to realise their potential in the long term.