What After Salvador Bitcoin Legal Currency

Last Updated on August 15, 2023 by Paganoto

Central African Republic adopts bitcoin as legal tender – CNBC

The 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. Lawmakers in the CAR's parliament voted unanimously to pass a bill legalizing bitcoin and other cryptocurrencies, according to a statement from the presidency.Apr 28, 2022

Bitcoin Is Now Legal Tender In El Salvador – NPR

El Salvador’s government holds 550 Bitcoin, Bukele said, which is equivalent to about $26 million. The country’s other currency is the U.S. …

In Global First, El Salvador Adopts Bitcoin as Currency

MEXICO CITY — El Salvador on Tuesday became the first country to adopt Bitcoin as legal tender, allowing the cryptocurrency to be used in …

El Salvador's law: a meaningful test for Bitcoin – PwC

The legislation went into effect on September. 7th, 2021. With El Salvador being the first country in the world to formally make Bitcoin a legal tender it is …

Will other countries adopt Bitcoin as legal tender?

On September 7, El Salvador officially adopted Bitcoin as legal tender, making the cryptocurrency an accepted means of exchange for goods …

El Salvador's Experiment with Bitcoin as Legal Tender | NBER

In September 2021, El Salvador became the first country to make bitcoin legal tender, requiring all businesses to accept the cryptocurrency.

El Salvador Accepts Bitcoin as Legal Tender – Investopedia

Bitcoin officially has become legal tender in El Salvador alongside the U.S. dollar. The currency faces major risks and obstacles.

How Bitcoin Has Behaved After El Salvador … – NDTV.com

When El Salvador announced in June that it would adopt Bitcoin as legal tender, alongside the US dollar, it was met with excitement and …

El Salvador's adoption of bitcoin as legal tender is pure folly

But President Nayib Bukele instead decided to designate both bitcoin and the dollar as legal tender. The logic behind that decision is surreal.

IMF urges El Salvador to remove Bitcoin as legal tender – BBC

When El Salvador introduced the virtual currency as a legal tender, the government released a new digital wallet app, giving away $30 (£22) …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.