Legal Tender Countries

You can find the countries and regions where legislation has been passed to make cryptocurrency legal tender in the following list below.

Countries with Crypto as a Legal Tender

#Country / RegionContinentCurrencies SupportedDate
1El SalvadorAmericas
flagUSD
flagBTC
From 09-06-2021

Predict next Country / Region

#Country / RegionContinentCurrencies Supported
1ParaguayAmericas
flagPYG
2VenezuelaAmericas
flagVES
3AnguillaAmericas
flagXCD
4United StatesAmericas
flagUSD
5PanamaAmericas
flagPAB
flagUSD
6IndiaAsia
flagINR
7BrazilAmericas
flagBRL
8ZimbabweAfrica
flagJPY
flagEUR
flagGBP
flagZWB
flagUSD
flagBWP
flagZAR
flagINR
flagCNY
9EcuadorAmericas
flagUSD
10UkraineEurope
flagUAH
11MexicoAmericas
flagMXN
12Central African RepublicAfrica
flagXAF
13ArgentinaAmericas
flagARS
14TurkeyAsia
flagTRY
15IndonesiaAsia
flagIDR
16IranAsia
flagIRR
17ChinaAsia
flagCNY
18NigeriaAfrica
flagNGN
19JapanAsia
flagJPY
20RussiaEurope
flagRUB
21BangladeshAsia
flagBDT
22CanadaAmericas
flagCAD
23VietnamAsia
flagVND
24PakistanAsia
flagPKR
25SingaporeAsia
flagSGD
26GermanyEurope
flagEUR
27United Arab EmiratesAsia
flagAED
28CubaAmericas
flagCUC
flagCUP
29United KingdomEurope
flagGBP
30PhilippinesAsia
flagPHP
31SwitzerlandEurope
flagCHF
32UruguayAmericas
flagUYU
33AustraliaOceania
flagAUD
34South KoreaAsia
flagKRW
35MaltaEurope
flagEUR
36SpainEurope
flagEUR
37ColombiaAmericas
flagCOP
38ThailandAsia
flagTHB
39PortugalEurope
flagEUR
40HondurasAmericas
flagHNL
41FranceEurope
flagEUR
42Costa RicaAmericas
flagCRC
43MoroccoAfrica
flagMAD
44ItalyEurope
flagEUR
45TanzaniaAfrica
flagTZS
46IsraelAsia
flagILS
47South AfricaAfrica
flagZAR
48PolandEurope
flagPLN
49MalaysiaAsia
flagMYR
50AfghanistanAsia
flagAFN
51BahamasAmericas
flagBSD
flagUSD
52EstoniaEurope
flagEUR
53Saudi ArabiaAsia
flagSAR
54NetherlandsEurope
flagEUR
55KazakhstanAsia
flagKZT
56NicaraguaAmericas
flagNIO
57United States Minor Outlying IslandsAmericas
flagUSD
58ChileAmericas
flagCLP
59EthiopiaAfrica
flagETB
60Sri LankaAsia
flagLKR
61SwedenEurope
flagSEK
62GuatemalaAmericas
flagGTQ
63GambiaAfrica
flagGMD
64MyanmarAsia
flagMMK
65PeruAmericas
flagPEN
66New ZealandOceania
flagNZD
67BelarusEurope
flagBYN
68Cayman IslandsAmericas
flagKYD
69RomaniaEurope
flagRON
70GreeceEurope
flagEUR
71GeorgiaAsia
flagGEL
72QatarAsia
flagQAR
73MongoliaAsia
flagMNT
74CambodiaAsia
flagKHR
flagUSD
75Hong KongAsia
flagHKD
76British Indian Ocean TerritoryAfrica
flagUSD
77HungaryEurope
flagHUF
78AlgeriaAfrica
flagDZD
79EgyptAfrica
flagEGP
80Puerto RicoAmericas
flagUSD
81CyprusEurope
flagEUR
82AzerbaijanAsia
flagAZN
83AndorraEurope
flagEUR
84FinlandEurope
flagEUR
85TongaOceania
flagTOP
86NepalAsia
flagNPR
87Dominican RepublicAmericas
flagDOP
88LebanonAsia
flagLBP
89TaiwanAsia
flagTWD
90IraqAsia
flagIQD
91KenyaAfrica
flagKES
92BoliviaAmericas
flagBOB
93GhanaAfrica
flagGHS
94NorwayEurope
flagNOK
95PalestineAsia
flagILS
flagJOD
flagEGP
96BelgiumEurope
flagEUR
97DenmarkEurope
flagDKK
98UzbekistanAsia
flagUZS
99AustriaEurope
flagEUR
100BulgariaEurope
flagBGN
101LithuaniaEurope
flagEUR
102TunisiaAfrica
flagTND
103CzechiaEurope
flagCZK
104IcelandEurope
flagISK
105JamaicaAmericas
flagJMD
106BarbadosAmericas
flagBBD
107SloveniaEurope
flagEUR
108LiberiaAfrica
flagLRD
109AlbaniaEurope
flagALL
110MacauAsia
flagMOP
111LuxembourgEurope
flagEUR
112IrelandEurope
flagEUR
113MonacoEurope
flagEUR
114CroatiaEurope
flagHRK
115BahrainAsia
flagBHD
116BelizeAmericas
flagBZD
117HaitiAmericas
flagHTG
118LatviaEurope
flagEUR
119UgandaAfrica
flagUGX
120SenegalAfrica
flagXOF
121North KoreaAsia
flagKPW
122KuwaitAsia
flagKWD
123LaosAsia
flagLAK
124SerbiaEurope
flagRSD
125TurkmenistanAsia
flagTMT
126ArmeniaAsia
flagAMD
127GibraltarEurope
flagGIP
128BeninAfrica
flagXOF
129CameroonAfrica
flagXAF
130MadagascarAfrica
flagMGA
131VanuatuOceania
flagVUV
132KyrgyzstanAsia
flagKGS
133MoldovaEurope
flagMDL
134SlovakiaEurope
flagEUR
135SomaliaAfrica
flagSOS
136SyriaAsia
flagSYP
137Ivory CoastAfrica
flagXOF
138MaldivesAsia
flagMVR
139SeychellesAfrica
flagSCR
140Marshall IslandsOceania
flagUSD
141NigerAfrica
flagXOF
142TajikistanAsia
flagTJS
143JordanAsia
flagJOD
144NamibiaAfrica
flagNAD
flagZAR
145United States Virgin IslandsAmericas
flagUSD
146Republic of the CongoAfrica
flagXAF
147TogoAfrica
flagXOF
148BermudaAmericas
flagBMD
149Bosnia and HerzegovinaEurope
flagBAM
150French GuianaAmericas
flagEUR
151GuineaAfrica
flagGNF
152LiechtensteinEurope
flagCHF
153MaliAfrica
flagXOF
154NauruOceania
flagAUD
155TokelauOceania
flagNZD
156YemenAsia
flagYER
157British Virgin IslandsAmericas
flagUSD
158Cape VerdeAfrica
flagCVE
159Caribbean NetherlandsAmericas
flagUSD
160ChadAfrica
flagXAF
161FijiOceania
flagFJD
162French PolynesiaOceania
flagXPF
163GuamOceania
flagUSD
164Guinea-BissauAfrica
flagXOF
165MontenegroEurope
flagEUR
166North MacedoniaEurope
flagMKD
167OmanAsia
flagOMR
168Saint Pierre and MiquelonAmericas
flagEUR
169SudanAfrica
flagSDG
170TuvaluOceania
flagAUD
flagTVD
171Vatican CityEurope
flagEUR
172Wallis and FutunaOceania
flagXPF
173Western SaharaAfrica
flagMAD
flagMRU
flagDZD
174ZambiaAfrica
flagZMW
175AngolaAfrica
flagAOA
176ArubaAmericas
flagAWG
177BhutanAsia
flagINR
flagBTN
178BotswanaAfrica
flagBWP
179BruneiAsia
flagSGD
flagBND
180DominicaAmericas
flagXCD
181EritreaAfrica
flagERN
182EswatiniAfrica
flagSZL
flagZAR
183GabonAfrica
flagXAF
184GuernseyEurope
flagGGP
flagGBP
185KosovoEurope
flagEUR
186LibyaAfrica
flagLYD
187MauritaniaAfrica
flagMRU
188MauritiusAfrica
flagMUR
189MontserratAmericas
flagXCD
190MozambiqueAfrica
flagMZN
191New CaledoniaOceania
flagXPF
192NiueOceania
flagNZD
193Norfolk IslandOceania
flagAUD
194Northern Mariana IslandsOceania
flagUSD
195PalauOceania
flagUSD
196Papua New GuineaOceania
flagPGK
197Pitcairn IslandsOceania
flagNZD
198RwandaAfrica
flagRWF
199RéunionAfrica
flagEUR
200Saint BarthélemyAmericas
flagEUR
201Saint Helena, Ascension and Tristan da CunhaAfrica
flagGBP
flagSHP
202Saint Kitts and NevisAmericas
flagXCD
203Saint LuciaAmericas
flagXCD
204Saint MartinAmericas
flagEUR
205Saint Vincent and the GrenadinesAmericas
flagXCD
206SamoaOceania
flagWST
207San MarinoEurope
flagEUR
208Sierra LeoneAfrica
flagSLL
209Sint MaartenAmericas
flagANG
210Solomon IslandsOceania
flagSBD
211South GeorgiaAntarctic
flagSHP
212South SudanAfrica
flagSSP
213SurinameAmericas
flagSRD
214Svalbard and Jan MayenEurope
flagNOK
215São Tomé and PríncipeAfrica
flagSTN
216Timor-LesteAsia
flagUSD
217Trinidad and TobagoAmericas
flagTTD
218Turks and Caicos IslandsAmericas
flagUSD
219Åland IslandsEurope
flagEUR
220American SamoaOceania
flagUSD
221Antigua and BarbudaAmericas
flagXCD
222Burkina FasoAfrica
flagXOF
223BurundiAfrica
flagBIF
224Christmas IslandOceania
flagAUD
225Cocos (Keeling) IslandsOceania
flagAUD
226ComorosAfrica
flagKMF
227Cook IslandsOceania
flagNZD
flagCKD
228CuraçaoAmericas
flagANG
229DR CongoAfrica
flagCDF
230DjiboutiAfrica
flagDJF
231Equatorial GuineaAfrica
flagXAF
232Falkland IslandsAmericas
flagFKP
233Faroe IslandsEurope
flagFOK
flagDKK
234French Southern and Antarctic LandsAntarctic
flagEUR
235GreenlandAmericas
flagDKK
236GrenadaAmericas
flagXCD
237GuadeloupeAmericas
flagEUR
238GuyanaAmericas
flagGYD
239Isle of ManEurope
flagGBP
flagIMP
240JerseyEurope
flagGBP
flagJEP
241KiribatiOceania
flagAUD
flagKID
242LesothoAfrica
flagLSL
flagZAR
243MalawiAfrica
flagMWK
244MartiniqueAmericas
flagEUR
245MayotteAfrica
flagEUR

In the past decade, there was no global acceptance of cryptocurrency, which is one of the main hurdles they'll face. That means it will stay in use for a limited period. However, this myth was dispelled in 2021, and El Salvador accepted Bitcoin as legal tender on September 7, 2021.

A small country like Nicaragua may not be enough to cement Bitcoin as a real-world currency, but it may be the first domino to fall. El Salvador's historic move is already being studied by other countries, and if they determine it to be feasible, Bitcoin may indeed become a universal currency. These four countries appear to be on the verge of following El Salvador's lead.

List of other countries where Bitcoin is illegal

On one side, when other countries are adopting Bitcoin, on the other side, some countries are afraid of its volatility and decentralized nature.

Among the 42 countries identified by the Library of Congress in its November 2021 report, 38 had implicit bans on certain cryptocurrency uses. This list includes the following countries:

  • flgsGabon
  • flgsGeorgia
  • flgsGuyana
  • flgsKuwait
  • flgsLibya
  • flgsMacao
  • flgsMaldives
  • flgsVietnam
  • flgsZimbabwe
  • flgsLesotho
  • flgsBahrain
  • flgsBurundi
  • flgsCameroon
  • flgsThe central African Republic

List of countries where Bitcoin absolute bans Bitcoin

Nine countries will ban cryptocurrency in November 2021, according to the Library of Congress

  • flgsNepal
  • flgsQatar
  • flgsTunisia
  • flgsEgypt
  • flgsIraq
  • flgsMorocco
  • flgsChina
  • flgsAlgeria
  • flgsBangladesh

Initial Coin Offerings ('ICOs') and other cryptocurrencies are highly speculative and risky investments. DigitalCoinPrice or the author of this article do not recommend cryptocurrency investments or other ICOs. To make the best financial decisions, it is always advisable to consult a qualified professional.

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