New Bitcoin (BTC) Data Released! "32 Countries Are Next!"

While Bitcoin (BTC) adoption and usage is rapidly expanding around the world, the number of countries accepting BTC is also rapidly ￰0￱ this point, a new report published by the Bitcoin Policy Institute revealed that 32 countries are working to officially adopt Bitcoin. Thirty-two countries, representing approximately one-sixth of the world's countries, are attempting to enact laws favorable to Bitcoin adoption, according to a report by the Bitcoin Policy ￰1￱ was stated that this trend gained significant momentum following US President Donald Trump’s decree establishing the Strategic Research Organization (API) for the US National Bitcoin ￰2￱ to a report by the Bitcoin Policy Institute, 27 countries were found to have active Bitcoin positions, while 13 countries were found to have legislative proposals for BTC ￰3￱ institute explained that its research mainly covers government and legislative activities related to allowing cryptocurrency investing, cryptocurrency mining, tax payments, and retirement ￰4￱ countries, such as Argentina and the United Arab Emirates, are reportedly implementing multiple BTC strategies simultaneously, including state-backed mining and sovereign wealth fund investments in Bitcoin ￰5￱ countries, including Argentina, Bhutan, El Salvador, Ethiopia, North Korea, Russia, and the UAE, are reportedly mining Bitcoin through electricity supply agreements that allow for ￰6￱ countries, including the US, China, and the UK, hold Bitcoin through passive holdings, which include seized assets they choose not to ￰7￱ countries accept Bitcoin tax payments across various ￰8￱ City, the Swiss cantons, Dubai, and the state of Colorado all allow Bitcoin tax payments. *This is not investment ￰9￱ Reading: New Bitcoin (BTC) Data Released! "32 Countries Are Next!"