It’s Official: A Second Country Has Made Bitcoin Legal Tender

This episode is sponsored by Nexo.io, Arculus and FTX US.

It’s another global crypto adoption and regulation roundup, led by confirmation that the Central African Republic is moving to make bitcoin legal tender, alongside the CFA franc. NLW looks at why this is significant in a historical, postcolonial context. The show also covers legislation moving ahead in Brazil, a Buenos Aires initiative that will allow residents to pay taxes in crypto, Fort Worth, Texas, becoming the first U.S. city to mine bitcoin and the N.Y. State Assembly passing a two-year new fossil fuel-based mining moratorium.

See also: Central African Republic Adopts Bitcoin as Legal Tender

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: Andriy Onufriyenko/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.