Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Current Affairs

Topic

National: 2022

Question:

Which of the following country became the first country in the world in 2021 to grant legal tender status to bitcoin ?

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.