Why Do Many Countries Recognize Crypto as a Medium of Exchange?

[Suba]

As more and more countries recognize crypto as a medium of exchange, it will make it easier for travelers not to always carry large amounts of cash, and you can also carry crypto debit cards such as Binance Card, BitPay Card, Coinbase Card, Crypto.com Card etc.

Currently, many countries are embracing crypto payments such as Singapore, Japan, America, Switzerland, Brazil, Hong Kong, UAE, UK, Germany, Portugal etc. But each country seems to have different reasons why they are willing to accept crypto as a means of payment?

 

[Kross]

Many countries are recognizing crypto as means of exchange because of it's particular characteristics for exchange.