WebJun 6, 2024 · El Salvador’s President Wants Bitcoin As Legal Tender—Here’s What That Means - Decrypt Bitcoin $30,410.00 1.70% Ethereum $1,995.80 4.36% BNB $323.75 1.54% XRP $0.510711 1.57% Cardano $0.412681 2.85% Dogecoin $0.086972 5.67% Polygon $1.13 2.22% Solana $24.63 4.65% Polkadot $6.56 2.73% Litecoin $94.15 … WebApr 8, 2024 · El Salvador made headlines in 2024 when it became the world's first crypto nation, adopting Bitcoin as legal tender and requiring all businesses to accept it as a form of payment.
Poll: 61% of US adults are in favor of Bitcoin becoming legal tender
WebSep 10, 2024 · A new poll by research and data analytics company YouGov has shed some light on the U.S. population’s approval rate for the government to recognize bitcoin as legal tender. The poll found that 27% of Americans support the move, with younger generations leading the way with a 44% approval rate. WebApr 27, 2024 · The country's legislature passed the Bitcoin Law in June 2024 and came into effect three months later, making bitcoin a legal tender. Under the law, goods, services and even taxes can be paid ... how to install a farmhouse kitchen sink
How Did El Salvador
WebFeb 23, 2024 · If Bitcoin is considered legal tender in a jurisdiction, citizens can use it as a form of payment. Regulatory bodies and central banks in a nation generally decide on the legal tender in the economy. Any form of the value exchange they find suitable can be used by citizens to shop for products and services. WebFeb 17, 2024 · Is it actually possible for individual U.S. states to establish bitcoin as legal tender currency? Arizona State Senator Wndry Rogers seems to think so, based on the … WebApr 10, 2024 · According to a press release announcing the new currency, UMU, also known as Unicoin, is a legal money commodity that can transact in any legal tender settlement currency and functions like a CBDC to enforce banking regulations and “protect the financial integrity of the international banking system.” jonathan smith langston university