El Salvador 🪙 In 2021, El Salvador became the first country to adopt Bitcoin as legal tender, allowing its use alongside the U.S. dollar for all transactions.
Central African Republic 🪙 In 2022, the Central African Republic followed suit, recognizing Bitcoin as legal tender.
United States 🪙 Cryptocurrencies are legal, with regulatory oversight primarily from the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
Canada 🪙 Cryptocurrencies are legal and regulated under anti-money laundering (AML) and counter-terrorist financing (CTF) laws.
United Kingdom 🪙 Cryptocurrencies are legal, with the Financial Conduct Authority (FCA) providing regulatory guidance.
Germany 🪙 Cryptocurrencies are legal and considered private money; they are subject to taxation.
Japan 🪙 Recognizes cryptocurrencies as legal property under the Payment Services Act, with exchanges required to register with the Financial Services Agency.
Singapore 🪙 Cryptocurrencies are legal and regulated under the Payment Services Act, with a focus on AML and CTF measures.