Syria Proposes Legalizing Bitcoin to Boost Economic Recovery

According to Cryptopolitan, the Syrian Center for Economic Research has come up with a plan urging the transitional government to adopt bitcoin and other digital assets to fight inflation, stabilize the economy and attract global investment. The plan comes at a time when the country faces enormous reconstruction challenges after decades of war and financial disaster. The proposal focuses on Bitcoin as a life infra for Syrian citizens and their shaky financial system. It proposes a regulatory framework that would legalize the use of Bitcoin in trading, mining and financial transactions.