Report: Macau Discusses Bill That Proposes to Make Digital Currencies Legal Tender

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Macau, one of China’s special administrative regions, recently concluded discussing a bill that seeks to make digital currencies legal tender, a report has said. The report also suggested that individuals who reject or refuse to accept legal tender will be fined between $123 and $1,230. Improving Macau’s Legal System An executive council of Macau, an autonomous region on China’s south coast, recently completed discussing the draft bill proposing to include digital forms of currency in its basket of financial instruments that are accepted as legal tender. As explained in ...

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[Smiles20]

Governments that are moving in quick to adopt cryptocurrency are people who are actually going to enjoy and they are going to be world leaders of the trend before the word starts to see it.