Japanese Government Considers Bitcoin as a Legal tenderBitcoin is Now Legal Tender in California. It just (arguably) made Bitcoin legal tender,.The amazing thing about this turn of events is that the votes in favor of the new proposal was unanimous with seventy five votes for and zero votes against the bill.It is legal to accept Euros in CA (or AFAIK in any State in the US) however the Euro is not legal tender in the United States.
According to a civil official the Financial Superintendency of the Colombia government has no plans to recognize bitcoin as a legal tender anytime soon.Bitcoin has more than quadrupled in value since December last year and hit.
The Major Difference between a Legal Tender and Money. by. we first need to understand what money is and how a legal tender fits in it.Notice 2014-21. SECTION 1. money of the United States or of any other country that is designated as legal tender,.Enter your email address to subscribe to CoinReport and receive latest news notifications in email.Members of Congress want to make Bitcoin equivalent legal tender to the Dollar by Ken Schortgen, Jr.While working on creating a legal framework for bitcoin and other digital currencies,.
India May Issue Its Own Bitcoin-like Cryptocurrency AsIn a talk earlier in the week Chris Jordan, the Australian tax commissioner said some would.The short answer is Yes, bitcoin is legal in Zimbabwe however it is not legal tender.
Bitcoin Could Become Legal Tender in Australia AccordingNot Legal Tender. a Bitcoin has no physical form, is not legal tender,. and Analysis of Legal Issues Congressional Research Service 2.The bill with provisions for cryptocurrencies will enter into force in April.
Bitcoin is an electronic money that is transferred electronically among users and can be exchanged for traditional currencies.Digital assets almost 20x more lucrative than stocks, property, gold combined: CoinDesk Report.