Is the crypto currency widely used in your country?

[Stardom22]

For me in Kenya, the crypto currency is not known by the majority of Kenyans. I think it has not been clearly integrated on the business industry. Like it has never been allowed as a means of payment in almost all the business sectors in the country.

 

[eLdavis]

Yes there are a lot of people who make use of crypto currency for trading and even to carry out their various transactions. The government on the other hand do not encourage it's usage that often .

 

[King Belieal]

It is not widely used in my country. It is only the youths that are tech savvy that use crypto for their different online transactions. Apart from that, crypto is not really widely used.

 

[mrki444]

Not yet but there is more and more stores with integrated crypto payment every day. I know I can buy a car with crypto if I want. Maybe even and house.

 

[Fidelia]

Crypto is not allowed to be used for mainstream business in my country. The only place that I get to use crypto is on crypto exchanges.

 

[AruneBend]

Not really a lot of people are seniors here so they aren't really familiar with crypto but it gains popularity each year

 

[Min George]

Crypto is illegal in my country and if you are found to be involved in crypto, your bank account would be blocked.

 

[Starmix]

Crypto is widely used by millionaires and billionaires in the Philippines. They taxed their crypto as a mandate by the government. Many big time businessmen are also crypto users.

 

[Suba]

In my country, crypto is considered a commodity like gold, stocks, bonds etc., so it can only be traded on an exchange. Crypto is not recognized as a medium of exchange so we cannot buy things with crypto.

 

[Nomad]

It is not widely used, in fact it does not even have a legal status. However, the government is studying about CBDC