Countries Legalize Cryptocurrency Use
Cryptocurrency's legal status varies widely worldwide
Over 119 countries have legalized cryptocurrency use
The world of cryptocurrency is rapidly evolving, with new developments emerging all the time. One of the most significant recent developments is the increasing number of countries that are legalizing the use of cryptocurrency. As of today, cryptocurrency is legal in 119 countries and four British Overseas Territories.
However, the legal status of cryptocurrency varies widely from country to country. In some countries, such as El Salvador, cryptocurrency is considered legal tender. This means that it can be used to purchase goods and services, and it is also recognized as a form of payment for taxes. In other countries, such as the United States, cryptocurrency is not considered legal tender, but it is still legal to use and trade.
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