I'm wondering which country has adopted cryptocurrency as its only form of currency, completely replacing traditional fiat money.
7 answers
Sara
Sun Oct 20 2024
Despite this, there are other nations like Brazil that have authorized the use of Bitcoin and other cryptocurrencies as a legitimate means of payment.
SamuraiCourage
Sun Oct 20 2024
Bitcoin's adoption as legal tender is still limited globally, with only two countries, El Salvador and the Central African Republic, officially recognizing it as such.
Margherita
Sat Oct 19 2024
This distinction is crucial as it highlights the regulatory framework surrounding digital currencies and their integration into traditional financial systems.
Sara
Sat Oct 19 2024
Among the platforms facilitating the trading and use of cryptocurrencies is BTCC, a leading exchange that offers a wide range of services, including spot trading, futures trading, and wallet services.
EthereumLegend
Sat Oct 19 2024
This move by Brazil signifies a growing acceptance of digital currencies within the global economic system.