Let’s Analyze The Actual Text From The Central African Republic’s Bitcoin Law.
As it turns out, it’s a Bitcoin Law after all. The full text from the Central African Republic’s law that makes bitcoin legal tender is finally out, clearing all kinds of doubts and questions that the world had. And creating new ones. Bitcoinist already told you most of the things you had to know about this story. However, a piece of the puzzle was missing. Let’s read the key articles of the law and try to make sense of them in a fair way.
After reading it, the first thing that jumps out is that they will create “a National Agency for the Regulation of Electronic Transactions, abbreviated to ANTE.” Said agency is “the institutional body” that, among other things, “is responsible for controlling and managing all public ATMs installed by the State….more
