Swiss City of Lugano to Make Bitcoin and Tether 'De Facto' Legal Tender

avatar

Hello lovely people of HIVE community. Hopefully you will be enjoying your life with good health and spirit. Friends, another good day for crypto enthusiast as Swiss city Lugano is going to accept crypto currency as a legal tender in city. After adoption currency like BTC, USDT and WBTC will be the legal tender in the city.

5U5WQS52PBFVFCN55ZOX6LTBRI.jpg
source
Polygon matic will be the official blockchain partner which assist to develop develop blockchain infrastructure. This facility will help 62,000 citizen of Lugano to pay taxes in crypto currency. It will definitely make crypto more popular not only in Lugano but successful adoption may help to give massive growth to crypto currency.

This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.

Posted Using LeoFinance Beta



2 comments
avatar

I appreciate the fact that countries are beginning to accept Bitcoin with open hands, it's definitely a good news and am happy with the Swiss move to do so

0
0
0.000
avatar

I guess we crypto enthusiasts will often get to hear updates like this till the end of the year . Day by day the existence of crypto seems to be gaining grounds and momentum towards it universal world wide adoption movement . Only time can tell of course!!

0
0
0.000