Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Current Affairs

Topic

National: 2022

Question:
Which became the first country in the world to grant legal tender status to bitcoin in 2022?
Options:
El Salvador
Haiti
China
Columbia
Correct Answer:
El Salvador
Explanation:
In September 2021, El Salvador became the first country in the world to introduce Bitcoin as legal tender. Tax contributions can also be paid in cryptocurrencies through platforms recognized by the government.