In which countries crypto is legal? In September last year, El Salvador became the first country in the world to introduce Bitcoin as legal tender. According to a government statement, President Faustin Archange Touadera validated the law Wednesday. Tax contributions can also be paid in cryptocurrencies through platforms recognized by the government.
Is crypto trading illegal? So, Bitcoin and cryptocurrency trading are now legal, but initial coin offerings and asset funds are still illegal.
What is the most crypto friendly country?
- Portugal. It is known that cryptocurrency law in Portugal is very friendly.
- Switzerland. A country is known for its incredible banking standards.
Is cryptocurrency legal in Europe? The EU also provisionally agreed on Wednesday on new rules subjecting cryptocurrency transfers to the same money-laundering rules as traditional banking transfers.