Since the introduction of Bitcoin (BTCUSD) in 2008, controversy and developments have been created in the world. Many people considered the launch of digital currency as the emergence of a new and fair monetary system. But many governments have problems with digital currency.
Critics of digital currencies point to the role of cryptocurrency in criminal activities and its lack of legal recognition. It is clear that governments around the world are cautiously watching the development of Bitcoin and digital currencies. Some governments, such as El Salvador, have adopted Bitcoin as a currency. But major economies, including the United States, do not recognize it as legal tender.