legal tender

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The top recommendation was to "safeguard monetary sovereignty and stability by strengthening monetary policy frameworks and do not grant crypto assets official currency or legal tender status."

From Reuters

The IMF recommended last week that El Salvador dissolve the $150 million trust fund it created when it made the cryptocurrency legal tender and return any of those unused funds to its treasury.

From Seattle Times

The recommendation was part of the international lender’s report on El Salvador’s economy and went beyond its statement earlier this week urging El Salvador to drop Bitcoin as legal tender.

From Seattle Times

El Salvador has spent about $85.5 million on Bitcoin since adopting the cryptocurrency as legal tender in September, including a $15 million purchase a few days ago, during the latest dip.

From New York Times

The board's directors have now "urged the authorities to narrow the scope of the Bitcoin law by removing Bitcoin's legal tender status", according to a statement.

From BBC