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CNBC notes that the move makes El Salvador the first country to officially have Bitcoin on its balance sheet and became the first to adopt the cryptocurrency as legal tender. The law means citizens will to support the cryptocurrency for in Bitcoin, and shops will in June.
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| Gtcoin | As of June the ban remained in place. South Korea. Retrieved 14 June Bitcoin Law. Archived from the original on 12 January Dhaka Tribune. |
| Countries bitcoin legal tender | In December , the governor of the Reserve Bank of Australia RBA indicated in an interview about bitcoin legality stating, "There would be nothing to stop people in this country deciding to transact in some other currency in a shop if they wanted to. Retrieved 22 January As of [update] , Malta does not have any regulations specifically pertaining to bitcoins. In December , the Monetary Authority of Singapore reportedly stated that "[w]hether or not businesses accept bitcoins in exchange for their goods and services is a commercial decision in which MAS does not intervene. Archived from the original on 26 July Adult South Koreans may trade on registered exchanges using real name accounts at a bank where the exchange also has an account. National Bank of the Kyrgyz Republic. |
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Should Countries Accept Bitcoin as a Legal Tender? (Finance Explained)top.operationbitcoin.org � explore-our-research � publications � commentary � too-fast-too. El Salvador became the first country to make bitcoin legal tender; not only must bitcoin be accepted as a means of payment for taxes and debts. Predict next Country / Region ; 14, Argentina, Americas ; 15, Iran, Asia ; 16, Nigeria, Africa ; 17, United Kingdom, Europe.
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