Central African Republic vs Congo (Republic)
Crypto regulation comparison
Central African Republic
Congo (Republic)
The Central African Republic briefly adopted Bitcoin as legal tender in 2022 under the 'Sango' project, but this was struck down by the Constitutional Court. Crypto remains legal but the legal tender status was reversed.
The Republic of Congo has no specific cryptocurrency regulation. As a CEMAC member, it falls under BEAC oversight. BEAC has cautioned about crypto risks.
Key Points
- Bitcoin was briefly adopted as legal tender in 2022 via the Sango Act
- Constitutional Court struck down the legal tender provision
- Crypto trading and holding remain legal
- BEAC opposed the Bitcoin legal tender move
- Sango crypto hub project launched but has faced significant challenges
Key Points
- No specific national cryptocurrency legislation
- BEAC provides regional monetary oversight
- Part of the CEMAC monetary zone with the CFA franc
- Limited crypto adoption and infrastructure
- Neighboring CAR briefly adopted Bitcoin as legal tender