Which country will make crypto legal tender? Central African Republic lawmakers voted unanimously to pass a bill legalizing crypto. Bitcoin will be considered legal tender alongside the regional Central African CFA franc. The CAR is the second nation in the world to make bitcoin legal tender. El Salvador did so last year.
Can cryptocurrency be legal tender? Most countries designate only their domestic currencies this way, though some adopt foreign currencies either exclusively or alongside their own. Last year, however, El Salvador became the first country to adopt a cryptocurrency as legal tender.
What country has the least Crypto regulations? Malta has no regulations around cryptocurrency, but there are also no restrictions to the exchange, mining, trading and investing of Bitcoin.
How many countries have legalized cryptocurrency? In November 2021, they found 103 countries whose governments gave financial regulatory agencies directions to develop priorities and regulations for financial institutions concerning cryptocurrencies and their utility in AML/CFT.