- The US argues about the inflation rate.
- Nigeria, El Salvador, and India are actively working on making Bitcoin as legal tender.
- SEC of Nigeria has issued rules that could help crypto adoption.
The USA is one of the countries where the question of Bitcoin’s usefulness is still being debated. According to prior news, some people believe that it has no value, while others think that it could be a good investment. However, there are also those who see the potential in Bitcoin and are working on its adoption.
Nigeria, El Salvador, and India’s take on cryptocurrency
Nigeria, El Salvador, and India are warming up to moves in recent months to adopt bitcoin as a legal tender. Reports indicate that these countries have been hit hard by inflation in recent years, which has led many to believe that crypto could provide a way to stabilize their economies.
The Nigerian Securities and Exchange Commission (SEC) has issued rules that could help crypto adoption. The new regulations allow for the creation of