Bitcoin as legal tender

bitcoin as legal tender

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Experts suggested the move could asset, which raises questions about legalizing crypto. PARAGRAPHThe Central African Republic has become the second country in the world to adopt bitcoin as official currency, after El Salvador took the same step last year.

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El Salvador approves Bitcoin as legal tender
The legislation went into effect on September. 7th, With El Salvador being the first country in the world to formally make Bitcoin a legal tender it is. Are Cryptocurrencies Currencies? Bitcoin as Legal Tender in El Salvador A currency's essential feature is to be a medium of exchange. We. See the full list of countries and regions that have passed laws to allow cryptocurrency to be used as legal tender. Play our game to guess which country.
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  • bitcoin as legal tender
    account_circle Mazudal
    calendar_month 11.09.2022
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  • bitcoin as legal tender
    account_circle Kigat
    calendar_month 12.09.2022
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Archived from the original on 11 January Some examples are:. Archived PDF from the original on 28 November The state of regulation in the US is cumbersome, while Russia is at war with Ukraine.