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The legislative landscape will likely finalized a proposal for legislation into whatever it will be-an agencies have endorsed within the.

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5 countries that could be next in line to adopt Bitcoin as a legal tender � At present, El Salvador and the Central African Republic (CAR) are. Is Bitcoin legal in the US?. The sale of cryptocurrency is generally only regulated if the sale (i) constitutes the sale of a security under state or federal law, or (ii) is considered.

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However, the authority will be closely watching the usage of bitcoin locally and its development overseas. The SEC will look to the substance of each transaction, rather than the form of the cryptocurrency. South Africa. Investopedia requires writers to use primary sources to support their work. Retrieved 24 March