Last Updated on March 19, 2023 by Paganoto
Will other countries adopt Bitcoin as legal tender?
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 and services. While El Salvador is the smallest country in Central America, its adoption of Bitcoin has made an impression on some larger countries in the region.Sep 30, 2021
Bitcoin Is Now Legal Tender In El Salvador – NPR
Bitcoin Is Now Legal Tender In El Salvador – NPR
El Salvador has become the first country in the world to make the cryptocurrency Bitcoin legal tender. Advocates of the digital currency, …
In Global First, El Salvador Adopts Bitcoin as Currency
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 Accepts Bitcoin as Legal Tender – Investopedia
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.
El Salvador's law: a meaningful test for Bitcoin – PwC
El Salvador's law: a meaningful test for Bitcoin – PwC
The International Monetary Fund (IMF) has warned El Salvador against digital currency plans to use Bitcoin as national currency3. The IMF asserts that the …
Central African Republic adopts bitcoin as legal tender – CNBC
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 …
El Salvador Botches Bitcoin Adoption – Foreign Policy
El Salvador Botches Bitcoin Adoption – Foreign Policy
On June 5, El Salvador President Nayib Bukele declared that bitcoin, the first cryptocurrency, would become legal tender in El Salvador.
Six months in, El Salvador's bitcoin gamble is crumbling
Six months in, El Salvador's bitcoin gamble is crumbling
The law made El Salvador the first country to accept Bitcoin as legal tender and required businesses to accept it as payment.
El Salvador's adoption of bitcoin as legal tender is pure folly
El Salvador's adoption of bitcoin as legal tender is pure folly
El Salvador this month became the first country to adopt a cryptocurrency – in this case, bitcoin – as legal tender. I say the first, …
IMF urges El Salvador to remove Bitcoin as legal tender – BBC
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) …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.