Imf Red Flags Central Africas Bitcoin Adoption Says It Raises Policy Challenges

Last updated: June 9, 2025, 14:42

Imf Red Flags Central Africas Bitcoin Adoption Says It Raises Policy Challenges

Towards the end of last

“The adoption of Bitcoin as legal tender in C.A.R raises major legal, transparency, and economic policy challenges,” the IMF said in an emailed statement to Bloomberg. “IMF staff are assisting

Towards the end of last month, the Central African Republic [CAR] had passed a bill to make Bitcoin legal. Within no time, the country

Report: IMF Says Central African Republic's Bitcoin Adoption Poses

The IMF argued that the

The IMF argued that the adoption of bitcoin poses legal economic challenges not only to the country but to the region as well.

IMF Says Bitcoin Adoption In Central Africa Raises Major Issues: Report

Central African Republic Under Scrutiny By IMF Following Bitcoin

Less than two weeks since

IMF Expresses Concern About Central African Republic's Adoption Of

Less than two weeks since the Central African Republic moved to adopt BTC as legal tender, yet another entity has raised concerns over the decision. The International

Africa’s Growing Crypto Market Needs Better Regulations - IMF

Following its adoption of bitcoin

Following its adoption of bitcoin as its legal tender, the Central African Republic is under scrutiny. The IMF says the CAR raises major legal, transparency, and economic policy.

Widespread use of crypto could also undermine the effectiveness of monetary policy, creating risks for financial and macroeconomic stability. The risks are that much greater if

Bitcoin adoption by Central African Republic a concern, IMF says

The adoption of Bitcoin as

IMF red flags Central Africa's Bitcoin adoption; Says it raises policy

“The adoption of Bitcoin as legal tender in C.A.R. raises major legal, transparency, and economic policy challenges,” the fund said in an emailed response to

IMF: BTC adoption by Central African Republic is a concern