[Understand Bitcoin in 3 minutes] (2)
"Is Bitcoin a currency? Is Bitcoin legal? (There is a Binance discount code at the end of the article)"
Most countries on the planet currently consider Bitcoin and cryptocurrency to be legal, while only a few countries do not.
The country that currently officially uses Bitcoin as a currency is El Salvador.
Countries that regard Bitcoin as property and recognize it as a financial commodity include: Germany, Switzerland, Denmark, Norway, France, the United Kingdom, and the entire European Union, as well as Japan, Singapore, South Korea, the United States, Nicaragua, Jamaica, Trinidad, and Tobago.
Countries where Bitcoin is legal but not supported by banks include: Thailand, Türkiye, and Argentina.
Countries where Bitcoin is illegal include: People's Republic of China (complete ban), Costa Rica, Bolivia.
You can see the map below to clearly understand the current status of Bitcoin being recognized in various countries around the world.
The overall trend is towards recognition and openness, with more and more countries considering Bitcoin to be actual property.
It is also legal to buy and sell Bitcoin and cryptocurrencies in Taiwan. Bitcoin is bought and sold on Binance, which is a legal and safe trading platform.
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That’s the second episode of today’s 3-minute understanding of Bitcoin!
If you are interested in Bitcoin and want to buy Bitcoin, just follow the link below and include my discount code to register, and you can get a discount on transaction fees! https://accounts.binance.com/register?ref=13625505
Or enter the referral code "13625505" when registering to get a discount on handling fees~
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Happy Bitcoin surfing everyone!
