Which one of the following countries has officially recognized Bitcoin as a legal payment method sin...........

Current Affairs (CAPF) International Affairs

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Which one of the following countries has officially recognized Bitcoin as a legal payment method since 1st April 2017 ?

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CAPF 2017 Paper-1

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Japan

China

USA

India

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Explanation:

Bitcoin has finally gained the recognition of a mainstream currency along the lines of other fiat currencies. The privilege follows the implementation of a new law in Japan which categorizes Bitcoin as a legal payment option within the country. The much-awaited law went into effect on April 1, 2017 (beginning of a new fiscal year in many countries.