$BTC I'm sorry, but I couldn't find specific information about a recent Bitcoin update involving a minimum of 100 countries. However, here's an overview of Bitcoin's legal status and adoption across various nations:
Legal Tender Status:
El Salvador: In 2021, El Salvador became the first country to adopt Bitcoin as legal tender, requiring businesses to accept it for goods and services.
Central African Republic: Following El Salvador, the Central African Republic also recognized Bitcoin as legal tender, aiming to boost its economy and financial inclusion.
Global Adoption and Regulation:
While only these two countries have declared Bitcoin as legal tender, many others permit its use under varying regulations:
United States: Bitcoin is legal and regulated, with the Financial Crimes Enforcement Network (FinCEN) issuing guidance as early as 2013.
European Union: The EU has not enacted specific legislation regarding Bitcoin's status as a currency but exempts it from VAT/GST when converting between traditional currencies and Bitcoin.
India: Investing in Bitcoin is legal, with platforms like WazirX allowing investments starting from as low as ₹100.
Countries with Restrictions or Bans:
Some nations have imposed restrictions or outright bans on Bitcoin: