The Central African Republic has officially become the second country to adopt Bitcoin (BTC) as legal tender. According to reports from Forbes Monaco, the National Assembly unanimously passed the bill to make cryptocurrency a national currency as part of efforts to improve the economy and security of the country. Binance CEO Changpeng Zhao also confirmed the…
Government of Malaysia proposes Bitcoin, crypto as legal tender
The Communications and Multimedia Ministry of Malaysia proposed today that digital currencies such as bitcoin (BTC) should be adopted as legal tender to help the younger generation who are active users of the currency, especially on non-fungible token (NFT) trading platforms, says Datuk Zahidi Zainul Abidin, deputy minister of the Communication Ministry of Malaysia, reported…
Switzerland aims to become the next crypto utopia as Lugano makes Bitcoin and USDT legal tender
The Swiss city of Lugano has announced today that it will recognize cryptocurrencies as legal tender. According to Michele Foletti, the mayor of the City of Lugano, Bitcoin (BTC), Tether (USDT), and Lugano’s own LVGA Points token will be recognized as de-facto currencies. The announcement was made at Lugano’s Plan B event, where the city’s…