Good News: Cryptocurrency To Be Legalized As A Form Of Payment In Cameroon

Steemit greetings to everyone in this community. I hope we are all doing fine. There's good news for all cryptocurrency traders in Cameroon as government officials are already finalizing deals to legalize cryptocurrency in Cameroon.

image source CRTV web

Despite being around for a long time now in the world, and accepted/ legalized in most part of the world, the cryptocurrency is about to take a new phase too in Cameroon. During a workshop session that was held in Yaounde, capital city of Cameroon, it was agreed that cryptocurrency would be legalized as a form of payment in Cameroon. Meaning, every transactions that would be carried out using cryptocurrency would be fully approved and recognized by the state.

The advantage of this move to cryptocurrency users is that you can sue or get sued for any scam related affairs/issues.

Note on what cryptocurrency is all about 👇👇
Cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers.