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In 2022, which country became the first to adopt Bitcoin as legal tender?

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Question: In 2022, which country became the first to adopt Bitcoin as legal tender?

Options:

  1. El Salvador
  2. Venezuela
  3. Japan
  4. Switzerland

Correct Answer: El Salvador

Solution:

El Salvador was the first country to adopt Bitcoin as legal tender in September 2021.

In 2022, which country became the first to adopt Bitcoin as legal tender?

Practice Questions

Q1
In 2022, which country became the first to adopt Bitcoin as legal tender?
  1. El Salvador
  2. Venezuela
  3. Japan
  4. Switzerland

Questions & Step-by-Step Solutions

In 2022, which country became the first to adopt Bitcoin as legal tender?
  • Legal Tender – Legal tender refers to money that must be accepted if offered in payment of a debt.
  • Cryptocurrency Adoption – The process of a country officially recognizing and accepting a cryptocurrency as a valid form of currency.
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