“My prediction is that by the end of next year, we’ll have at least five countries that accept Bitcoin as legal tender. All of them will be developing countries,” the BitMEX CEO wrote. High inflation ...

See: 10 Major Companies That Accept Bitcoin Find: Bitcoin and Crypto Taxes in 2022: What You Need To Know While adoption by a small central American country isn’t enough to cement Bitcoin’s ...

In a recently proposed initiative, the country announced intentions of launching a crypto sandbox for its tourists, who can ...

El Salvador is beginning efforts to accept bitcoin as legal tender — making it the first ever sovereign nation to do so. President Nayib Bukele announced that he would introduce legislation to ...

Thailand's proposed crypto sandbox allows foreign tourists to convert cryptocurrencies into Thai baht for local spending.

Jon Quast: El Salvador made Bitcoin legal tender in 2021 alongside the U.S. dollar. The country actually owns 2,300 Bitcoins, but the idea is businesses are supposed to, I think things are still ...

Our Methodology. For this piece, we have divided the countries into two groups – where Bitcoin is implicitly legal and sometimes also a legal tender, and where it is absolutely banned.

In 2021, El Salvador became the first country to adopt Bitcoin as legal tender, mandating that businesses accept the leading cryptocurrency as a form of payment and rolling out a digital wallet ...

The Central African Republic is the second country to accept Bitcoin as legal money (CAR). The Central African Republic has a $2.3 billion economy and is rich in natural resources such as gold and ...

Using Bitcoin is already legal in El Salvador, as it is in most countries. If you want to pay for something in bitcoins, and the recipient is willing to accept them, it’s all good.

Remittances, inflation, and politics will prompt at least five developing countries to accept BTC as legal tender by the end of 2022, says Alexander Höptner.