Recently which one of the following countries became the first in the

Recently which one of the following countries became the first in the world to adopt the cryptocurrency ‘Bitcoin’ as legal tender?

Argentina

Bolivia

El Salvador

Peru

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Answer is Wrong!

This question was previously asked in

UPSC Geoscientist – 2022

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The correct answer is (C) El Salvador.

In September 2021, El Salvador became the first country in the world to adopt Bitcoin as legal tender, alongside the US dollar.

The move was aimed at boosting the nation’s economy by facilitating remittances and attracting foreign investment, although it has faced significant challenges and criticism.

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