CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country has become the first in the world to grant legal tender status to bitcoin?
A
Ecuador
B
Costa Rica
C
El Salvador
D
Colombia
Explanation: 

Detailed explanation-1: -In September last year, El Salvador became the first country in the world to introduce Bitcoin as legal tender.

Detailed explanation-2: -Back in May 2021, President Nayib Bukele of El Salvador, a small Latin American country, declared that they are adopting BTC as the legal tender. Eventually, El Salvador became the first country in the world to adopt BTC as a legal tender.

Detailed explanation-3: -El Salvador became the first country in the world to use Bitcoin as legal tender, after having been adopted as such by the Legislative Assembly of El Salvador in 2021.

There is 1 question to complete.