Sun, November 17

CoinMarketCap Soon to Rank Crypto Legal Tender Countries Says CZ Binance

0x (ZRX) Has Rallied To Nearly 40% In A Day Blockchain News

The best crypto market referral website, CoinMarketCap will soon be announcing and ranking countries based on those which have made cryptocurrency as their legal tender. Binance’s CEO Changpeng Zhao, also known as ‘CZ’, has put forth this officially through a tweet of his.

CZ Binance’s Tweet 

CZ Binance , tweeted today stating CoinMarketCap will soon start listing countries that have crypto legalised tender. In addition, he gave a thumbs up , next to this statement of his. He depicts that such listing is obviously a much welcomed propaganda though. 

It’s an evident fact, on CZ tweeting on CoinMarketCap. Moreover, who else would come forth to publicize an attribute coming from his very own firm . Yes, not much known by many, CZ has acquired CoinMarketCap in 2020 along with the cryptocurrency card payment platform, Swipe.io. Moreover, being an avid business executive, he strongly supports Bitcoin (BTC).

In addition, CZ many times has supported the legal tender of cryptocurrency. Accordingly, he views a true potential growth for those countries which have cryptocurrency as their legal tender. 

All started with the announcement from the CEO of Zap solutions, Jack Mallers, at the Bitcoin 2021 conference in Miami. Mallers put forth El-Salvador will be making Bitcoin (BTC) as its legal tender. In addition, soon enough, the President of El-Salvador too stated the passing of the bill for this. Accordingly, El-Salvador became the first country in the world to legalize cryptocurrency (Bitcoin) as its legal tender. The bill got through, and Bitcoin (BTC) was made the legal tender for El-Salvador on June 8th. Speculations rose, debatably on all basis. However, CZ welcomed this through a tweet by himself. 

Following this, the second in line might be Paraguay. They too have proclaimed their bid to make Bitcoin (BTC) as their legal tender by July 2021. Paraguay lawmaker, Carlitos Rejala tweeted upon this a few days back.

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A Project Engineer by profession, a writer by passion. Especially into the critics and skeptics on cryptocurrency. His fascination towards the crypto world and his personal experience on it has made him a writer with a taste.