Which countries allow cryptocurrency as 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.
Is cryptocurrency legal tender in USA? Bitcoin is not illegal in the U.S. How you can buy it, what services and exchanges you can use and what you can use it for might depend on which state you are in, however.
Where Bitcoin is a legal tender? We use evidence from a natural experiment: In September 2021, El Salvador became the first country in the world to make bitcoin legal tender, and all economic agents were required to accept bitcoin for all payments.
How many countries have banned crypto? More than 40 countries have either completely banned or restricted use of cryptocurrency.