West Africa has ditched its colonial currency. Now the future is crypto

Joseph Dana
Jan 2, 2020 · 5 min read

Last month, the West Africa Economic and Monetary Union announced it was replacing its currency, the CFA franc, with the “eco.” In this way, the francophone members of the region are seeking to chart a future truly independent of France. To achieve that, however, they may also want to look toward a landscape increasingly defined by blockchain and cryptocurrency…

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