Is cryptocurrency a legal tender? Crypto will now be accepted for tax payments, and can be used to settle private transactions across the country, Zacko said. So the move is more like a country legalizing crypto use in financial markets than explicitly elevating bitcoin (BTC) or other cryptocurrencies as “legal tender.”
Is it legal to trade cryptocurrency in Germany? In Germany, cryptocurrency is considered Privatvermögen or “private money.” This means that while crypto is not legal tender—vendors are not required to accept it— your cumulative profits are tax-free as long as they are under 600€.
Is cryptocurrency accepted in Iraq? Can you buy bitcoin futures in Iraq ? Yes, popular Bitcoin futures exchanges like Bitmex, Deribit, and FTX enable users to long or short BTC with up to 100x leverage.
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