In theory, it is possible. However, it is unlikely that it will happen as it would require legislation to be passed that would make it illegal. See more In many countries, it isn't illegal; however, the countries that have made it illegal do so for many reasons. Volatility is one of the most often cited reasons, as is energy use, concerns over destabilization, or the ease with which … See more WebBitcoin is not legal tender in the Central African Republic: Contrary to a report by Forbes, which claimed that the CAR has become the first country in Africa to adopt Bitcoin as a payment currency, the African nation has not adopted BTC as a legal tender, but it has reportedly “legalized the use of cryptocurrencies in the financial markets.”
How Did El Salvador’s Bitcoin Adoption Influence its Neighboring …
WebSep 11, 2024 · After El Salvador confirmed Bitcoin as legal currency, Yougov America Inc., an international research data and analytics group based in London, conducted a survey … WebAug 27, 2024 · As of June 2024, bitcoin was legal in the U.S., Japan, the U.K., and most other developed countries. In general, it is necessary to look at bitcoin laws in specific … m\u0026s christmas catalogue 2022
Countries Where Crypto is Legal (and Illegal) Money.com
Web2 days ago · 5 Countries Will Accept Bitcoin as Legal Tender by End of Next Year, Says Bitmex CEO By the end of next year, at least five countries will have accepted bitcoin … WebSep 7, 2024 · El Salvador's President Nayib Bukele (shown here at a news conference in May 2024) spearheaded efforts to make Bitcoin legal tender in his country. El Salvador … WebSep 7, 2024 · Jose Cabezas/Reuters. MEXICO CITY — El Salvador on Tuesday became the first country to adopt Bitcoin as legal tender, allowing the cryptocurrency to be used … m\u0026s christmas biscuits tins light up