Bitcoin may soon be accept in 3 new country say’s the CEO of Devere Group, an independent financial advisory and asset management firm.
Rising Crypto Use Bullish for New Blockchain ETF
The CEO predicted earlier this week that 3 more countries may adopt crypto as legal tender in 2022.
Likewise Salvadoran president, Nayib Bukele, predicted that two more countries will adopt BTC as legal tender this year.
He stated “I’m confident that the young, maverick President, Nayib Bukele, is correct about other countries adopting Bitcoin as legal tender in 2022,”
Has you may have knew El Salvador has become the first country in the world to accept Bitcoin as legal tender and they have purchased a total of 400 Bitcoins and will be buying more.
El Salvador now treat the cryptocurrency as legal tender. The country’s government is hoping that Bitcoin acceptance will help in economic recovery of El Salvador following the Coivd-19 pandemic.
A Law was passed by the Legislative Assembly of El Salvador on 8 June 2021, giving the cryptocurrency BTC the status of legal tender within El Salvador after 7 September 2021. It was proposed by President Nayib Bukele.
Some countries where BTC is legal
- Denmark.
- France.
- Germany.
- Iceland.
- Japan.
- Mexico.
- Spain.
- United Kingdom14.
