So the list of positives is only growing bigger in 2020.
1. Australian court accepted cryptos as security for legal costs for an ongoing case. (https://news.bitcoin.com/court-accepts-crypto-as-security/)
2. India lifts ban on crypto trading (https://thenextweb.com/hardfork/2020/03/04/indias-apex-court-lifts-the-ban-on-cryptocurrency-trading/)
3. South Korean parliament legalized bitcoin trading (https://cryptobriefing.com/south-korean-parliament-legalizes-bitcoin-trading/)
All of these above news came within 2 weeks of time frame. Seems like 2020 will take us to a new height!
Topic: Bitcoin in Frances as of this year. - page 2. (Read 215 times)
I appreciate if you can cite any source of this news in your post OP so many users can read also some articles pertaining to this good news.
The good news about the crypto community, yesterday, French court calls bitcoin as legal currency. Bitcoin is official now official money in France.
Considering bitcoin as currency is a huge perspective with some of the countries. Im just hope they can lay out some provisions on which BTC can be legally sell, trade or any transaction on their end.
Does legal currency even means that all of the establishment from their country can accept now BTC since its being mandated by the French court or just simply a statement by them?
France did a good job by officially making Bitcoin a legal currency, this will give more rooms to others who still classified Bitcoin as illegal currency, while others like my country has not be open to where they stand in Bitcoin, its not illegal currency nor a legal currency officially. Hope they see what the French authorities saw that moved them to accept Bitcoin as a legal currency. Kudos to French authorities for their bold step in this regards. And for we the crypto enthusiasts, we're gradually heading towards global adoption.
the main significance of this news is that they are now recognizing bitcoin as a legal currency which is the main goal. unlike some other countries that see bitcoin as a legal "asset", "security", and other weird things like that to tax it more, some other countries such as France and Japan (and i think at least 3 others) consider it a currency.
The good news about the crypto community, yesterday, French court calls bitcoin as legal currency. Bitcoin is official now official money in France. We should expect now that they will be going to support the bitcoin mining machine in their country and they will going to boost up the bitcoin in their country.
So the lending, trading, investing, buying and selling of different currencies in their country are all allowed now. The thing about this is bitcoin becomes so good in different country, bitcoin became so known in different country all over the world, they already see the benefits of different currencies, Cryptocurrency is much safer and faster than fiat currency in terms of transactions, because, you don't even need to make effort, go to some establishment to progress the transactions, all things can be done through the use of internet, that is what I really want in cryptocurrency.
The good thing about other cryptocurrencies that accept it in their land, is they may earn so much money compared to what fiat currencies can give to them.
Aside from that, it is good for investing and trading because for sure you will earn from it, because of the volatility of cryptocurrencies.
So the lending, trading, investing, buying and selling of different currencies in their country are all allowed now. The thing about this is bitcoin becomes so good in different country, bitcoin became so known in different country all over the world, they already see the benefits of different currencies, Cryptocurrency is much safer and faster than fiat currency in terms of transactions, because, you don't even need to make effort, go to some establishment to progress the transactions, all things can be done through the use of internet, that is what I really want in cryptocurrency.
The good thing about other cryptocurrencies that accept it in their land, is they may earn so much money compared to what fiat currencies can give to them.
Aside from that, it is good for investing and trading because for sure you will earn from it, because of the volatility of cryptocurrencies.
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