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
Very little, except sell it for cryptocurrency, and then sell the cryptocurrency for actual legal tender.
From Washington Post
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
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.