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Five instances of governments embracing digital assets -Breaking


In 2021, digital asset prices reached new historic highs. Many jurisdictions started to embrace cryptocurrencies like (BTC) and other crypto-based instruments.

Additional to Bitcoin crosses $68,000 for the first time since inception, the year of 2021 will be remembered for Bitcoin’s historical adoption as legal tender in El Salvador. The world’s first-ever Bitcoin exchange-traded fund (ETF) was also inaugurated in 2021, alongside many other benign regulatory developments around the world.

1. El Salvador is the first nation to accept Bitcoin as legal currency

2. The United Arab Emirates: CZ’s new home

3. Canada is crashing the race for global Bitcoin ETFs

4. Singapore: Crypto is ‘investment in a prospective future,’ says regulator

5. Gibraltar: New target for Huobi exchange after Chinese crackdown

The 2021 crypto-friendly jurisdictions: Honourable mentions

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