Questions tagged [legal form of money]

Best way to learning about blockchain & crypto knowledge for free here 1 questions

Start on BTCC →
CryptoMagician CryptoMagician Thu Aug 29 2024 | 5 answers 883

Why is bitcoin a legal form of money?

Could you elaborate on why exactly Bitcoin is considered a legal form of money? I understand it's a decentralized digital currency, but how does it fit into the legal framework of financial systems? Are there any specific laws or regulations that recognize bitcoin as a legitimate medium of exchange? Additionally, how does its status as a legal form of money impact its use and adoption in various countries?

Why is bitcoin a legal form of money?

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users