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 paper £10 and £5 banknotes are no longer legal tender - while paper £20 and £50 notes cannot be used after September 2022.

From BBC

This year, El Salvador President Nayib Bukele made his country the first in the world to embrace bitcoin as legal tender.

From Los Angeles Times

El Salvador this month became the first country to adopt bitcoin as legal tender along with the U.S. dollar, with Bukele touting the cryptocurrency's potential as a remittance currency for Salvadorans overseas.

From Reuters

Earlier this month, El Salvador made a dramatic move to make bitcoin a legal tender, a world first.

From Reuters