In the United States, the concept of “legal tender” has been surrounded by confusion for far too long. For example, it has been commonly argued that businesses cannot deny cash (technically U.S. coins ...

Jay L. Zagorsky does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

Legal tender is a medium of payment recognized by a legal system to be valid for meeting a financial obligation. Paper currency and coins are common forms of legal tender in many countries. Legal ...

Forbes contributors publish independent expert analyses and insights. David Birch is a London-based advisor on digital financial services. Remember that the main difference between electronic cash and ...

A sovereign nation’s decision to adopt Bitcoin as legal tender raises interesting questions — and legal ramifications. On June 8, 2021, El Salvador’s Legislative Assembly voted to establish Bitcoin as ...

Brazil is not making bitcoin a legal tender. The Brazilian “virtual asset” bill seeks to define virtual assets and virtual asset services providers and increase investor protection by increasing ...

Martin Lewis has settled the debate on whether it is a legal right to use physical cash in stores. On X, the finance guru set up a poll asking people: Today's Poll: Should shops & restaurants be made ...

14:00, Wed, Oct 22, 2025 Updated: 14:02, Wed, Oct 22, 2025 Martin Lewis has settled the debate on your "legal tender" rights to pay with cash. The Money Saving Expert founder set the record straight ...

Cryptocurrencies are not recognized as legal tender in Malaysia. The Central Bank of Malaysia Act establishes the ringgit as the country's sole legal tender, effectively excluding cryptocurrencies ...