Hello you guys,
Until now, there is no country officially accepted crypto for trading or purchase as I know. Can you explain why?
Moreover, do you think that which country could be the first?
A few months down the line we have a couple of countries that have recognised crypto to be legal tender, which means you can trade or buy it freely...but even without these regulations at play I think we have several other countries that are neutral on this issue and you can still buy crypto without any problems unless you have problems with payment processors and the alike.
Some countries have recognized Bitcoin as their legal tender and some countries oppose Bitcoin. On the opposition side, there are some developing countries that are opposing Bitcoin instead of accepting it as their country's legal tender to maintain their economic status.
El Salvador is the first country to accept Bitcoin as legal tender in their country. Everything Bitcoin related can be handled in this country. They have made Bitcoin the alternative local currency of their country. El Salvador has adopted various Bitcoin-centric plans, especially to attract tourists.The adoption of Bitcoin as a legal document was initially criticized by the president of the country.