Question : Which country has recently(September 2021) become first country to use bitcoin as legal tender ?
a. El Salvador
b. Maldives
c. Hong kong
d. Macao
Ans. a.
Related facts —
- El Salvador on September 7 became the first country to use bitcoin as legal tender, alongside the US dollar.
- Any user can configure Chivo to make payments either in bitcoin or their dollar equivalent.
- The move will give many Salvadorans access to bank services for the first time and save some $400 million in fees on remittances sent home from abroad every year.