THECRYPTO.WATCH – In recent years, the use of crypto digital currencies has continued to develop rapidly. Of course, it is not surprising that many people are starting to prefer to use crypto as a means of payment for various needs.
In fact, a few months earlier, one of the countries in Central America, which is El-Salvador, had officially used bitcoin as a transaction tool.
Not only El-Salvador, it turns out that there are several countries that use crypto money as a means of payment. Then, which countries have implemented bitcoin as a means of payment? Here’s the review!
As a superpower, the United States has used bitcoin as a means of digital payment. Moreover, bitcoin enthusiasts in Uncle Sam’s country are high and growing rapidly.
Not only its citizens, but many government agencies in the country have provided guidelines on how to use bitcoin with US FinCen.
Not only that, the use of crypto as a means of payment has also become a target for payments in the taxation sector. In addition, a number of government agencies prevent the possibility of bitcoin being intended for illegal transactions.
Australia is the first country to use Bitcoin as a medium of exchange and at the same time, its use is legal. Of course, it is not surprising that several countries have used cryptocurrencies as a transaction tool. However, the currency is not officially used.
According to bitcoin regulations, which are under the Anti-Money Laundering and Counter Terrorism Financing Act. The use of this currency is also subject to Capital Gains Tax.