Syria Considering Proposal to Adopt Bitcoin as Legal Tender

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pmbug

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The SCER has proposed a Bitcoin policy bill urging the transitional government to adopt Bitcoin as a legal tender to revive its economy.

The Syrian Center for Economic Research (SCER), a non-governmental think-tank, is considering legalising Bitcoin to recover its beleaguered economy.

Per the World Bank, the Syrian economy has shrunk by over 60% since 2010, and the Syrian pound has crashed. Further, the country has been slowly picking up after the collapse of the Assad regime.

As a result, to ensure market freedom, the nation has sought innovative solutions to accelerate deconstruction. The SCER has proposed a Bitcoin policy bill urging the transitional government to adopt Bitcoin as a legal tender to revive its economy and attract international investments.
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I imagine this probably won't go anywhere, but you never know.
 
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