Countries where bitcoin is legal tender

countries where bitcoin is legal tender

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Crypto currency merchant wallet The International Monetary Fund IMF fears uncoordinated regulation may pose a risk to financial stability, but in some countries, even national watchdogs have opposing approaches. South Georgia. Archived from the original on 17 December Bitcoin was legal in Mexico as of , with plans to regulate it as a virtual asset by the FinTech Law. United Kingdom. Tonga plans to make bitcoin legal tender by the end of

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Should Countries Accept Bitcoin as a Legal Tender? (Finance Explained)
For more countries, head on over to 5 Countries Where Bitcoin is Legal and Illegal. However, Bitcoin is not a legal tender in the country. El Salvador. El Salvador is one of the first two countries in the world that have accepted Bitcoin as legal tender. The Congress of El Salvador. El Salvador became the first country to make bitcoin legal tender; not only must bitcoin be accepted as a means of payment for taxes and debts.
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  • countries where bitcoin is legal tender
    account_circle Brazilkree
    calendar_month 01.01.2023
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Retrieved 24 March Investopedia requires writers to use primary sources to support their work. Legal Back in , Gibraltar became the first country in the world to provide a tailored regulatory framework for businesses that use distributed ledger technology.