legal tender

Businesses are free to refuse commercial payment systems—but because digital RMB is legal tender, they are legally obliged to accept it.

The International Monetary Fund has also cautioned nations against accepting Bitcoin as legal tender.

No country has ever used bitcoin or any other cryptocurrency as legal tender, and challenges abound.

The World Bank has rejected the government of El Salvador's request to help the country implement Bitcoin as legal tender, Reuters first reported late Wednesday.

On June 8, El Salvador became the first country in the world to adopt bitcoin as legal tender.

If so, why do the rest of us have to put up with legal-tender paper money?

It was not practicable to deny a legal-tender value to so much Mexican, and Spanish-Philippine coin in circulation.

I don't suppose our greenbacks would be a legal tender with them.

This would involve, of course, the possible inflation of legal tender currency to the amount of outstanding bonds.

This quality of being a legal tender was the only respect in which these notes differ from those signed by an individual.

Clothed with sovereignty, it had, or at least exercised, the power to make its notes a legal tender.