"We are all satoshi"

Satoshis country; a joint in the cryptoverse where we bring you the latest news on crypto assets, dApps and markets.

Bitcoin is legal tender in El Salvador, Panama* and Roatán island in Honduras. BTC is also defacto legal tender Lugano City in Switzerland. It's considered as a valid form of payment and a virtual asset in Brazil.

CountryRegionLegal tender statusAdopted since
El Salvadorwhole countryofficial legal tenderSeptember 2021
Panamawhole countryAllowed for all legal transactionsSeptember 2021
SwitzerlandLugano Citydefacto legal tenderMarch 2022
HondurasRoatán islandofficial legal tenderApril 2022
BrazilWhole countryRecognized as a valid form of currencyNovember 2022
* Central African Republicwhole countryofficial legal tenderApril 2022 (repealed in 2023)

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Recommended Books

Want to learn about bitcoin and the philosophy behind cryptocurrency? We would recommend these books as a start. Disclaimer: These are not affliate links, feel free to source the books from other sources too.