Sentences with phrase «legal currency since»
The far - right politician reportedly wants France to dump the euro and adopt a new version of the French franc, which hasn't been used as legal currency since 2002.
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However, bitcoin can not be placed in the same category since it is not legal tender and has very few uses outside its trading zone, thereby making investors holding the currency that has zero value extremely vulnerable to potential risks.
Since 2013 to recently in February, the central bank has repeatedly cautioned virtual currency users on the «potential financial, operational, legal, customer protection and security related risks» associated with virtual currencies.
That number has surged since the government passed a new law earlier this year, recognizing bitcoin as a legal form of currency.
Since Panama does not print its own paper currency, the U.S. dollar is legal tender in Panama.
The country has frequently changed its legal position on the digital currencies since their inception, switching either from trying to prohibit it entirely, to encouraging cryptocurrency activity.
Japan has been on the cutting edge of Bitcoin infrastructure ever since the digital currency was recognized as legal tender back in April.
Since April 2017, Japan has recognized the digital currency as a legal tender and now the country is poised to take over as a leader in the cryptocurrency market.
Bitcoin's Rising Popularity in Japan Japan has been on the cutting edge of Bitcoin infrastructure ever since the digital currency was recognized as legal tender back in April.