common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

What are the countries where bitcoin is used as an official currency?

avatarNaludolNov 28, 2021 · 3 years ago3 answers

Can you provide a list of countries where bitcoin is recognized as an official currency and widely accepted?

What are the countries where bitcoin is used as an official currency?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Sure! Bitcoin is recognized as an official currency in El Salvador, making it the first country to adopt bitcoin as legal tender. It is also widely accepted in countries like the United States, Japan, Germany, the Netherlands, and Australia. However, it's important to note that while bitcoin is not considered an official currency in these countries, it is widely used and accepted as a form of payment.
  • avatarNov 28, 2021 · 3 years ago
    Absolutely! Bitcoin is officially recognized as a currency in El Salvador, where it is accepted for all forms of payment. Additionally, countries like the United States, Japan, Germany, the Netherlands, and Australia have a significant number of businesses and merchants that accept bitcoin as a payment method, even though it is not considered an official currency in these countries.
  • avatarNov 28, 2021 · 3 years ago
    Certainly! Bitcoin is officially recognized as a currency in El Salvador, thanks to the Bitcoin Law passed in 2021. This means that businesses in El Salvador are required to accept bitcoin as a form of payment. While other countries may not have officially recognized bitcoin as a currency, it is widely accepted and used for various transactions, including online purchases, investments, and remittances.