What countries allow crypto legal tender? 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.
Can you buy crypto in El Salvador? In Sept. 2021, El Salvador became the first country to adopt bitcoin as legal tender.
Is El Salvador using cryptocurrency? In 2021, El Salvador became the first country to adopt Bitcoin as currency. NPR’s Adrian Florido asks business professor Julio Sevilla how the latest crypto crash has impacted the country.
Is cryptocurrency accepted as legal tender? Crypto will now be accepted for tax payments, and can be used to settle private transactions across the country, Zacko said. So the move is more like a country legalizing crypto use in financial markets than explicitly elevating bitcoin (BTC) or other cryptocurrencies as “legal tender.”