#currency #CryptoCPIWatch As of May 13, 2025, the list of countries where cryptocurrency has been declared legal tender is dynamic and subject to change. Based on the most recent information:

* El Salvador: In September 2021, El Salvador made Bitcoin legal tender. However, recent reports from early 2025 indicate that El Salvador has amended this law, potentially making Bitcoin acceptance voluntary for private businesses as a condition for a loan from the International Monetary Fund (IMF). While it remains legal for private trade, its status as mandatory legal tender has been altered.

* Central African Republic (CAR): In April 2022, the Central African Republic adopted Bitcoin as legal tender. However, there have been conflicting reports and reviews of this decision. Some sources suggest this adoption faced challenges and potential reversals or amendments.

It's crucial to understand the distinction between a cryptocurrency being legal to use and it being declared legal tender. Many countries permit the use and trading of cryptocurrencies but do not mandate their acceptance as a form of payment for all transactions (legal tender status).