Monday, April 22, 2024
7.9 C
London
HomeCrypto EconomyA Macau Bill Aims To Make Digital Currencies A Legal Tender

A Macau Bill Aims To Make Digital Currencies A Legal Tender

An executive council of Macau, a special administrative area on the south coast of China, recently finished debating a draft measure that would include digital forms of money on its list of approved financial instruments.

The draft law in Macau, according to the article, aims to ensure that digital currency and other kinds of money have equal standing in addition to making improvements to the country’s legal framework.

Source

DISCLAIMER

As per the principles outlined by the Trust Project, Cryptozia remains dedicated to delivering impartial and transparent reporting. This news article is intended to offer precise and punctual information. Nevertheless, it is recommended that readers autonomously corroborate the facts and seek advice from a qualified expert prior to making any decisions reliant on this content.

latest articles

explore more