Sentences with phrase «legal tender when»

The government of Germany has declared that bitcoin will be regarded the same way as the country's legal tender when used as a medium of payment.

Unlike the U.S., Germany will regard bitcoin as equivalent to legal tender when used as a means of payment, according to a new government document.

Not exact matches

«When bills come due, only cash is legal tender.

-LSB-...] all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor.

«When bills come due, only cash is legal tender.

The days when clients would pay 500 % of value vanish when they have the option, in small matters and large, to pay far less by finding a lawyer or firm which has done everything it can to promote efficiency in tendering legal services.

What this statute means, in the words of the United States Treasury, is that» [A] ll United States money... is a valid and legal offer of payment for debts when tendered to a creditor.

When hiring legal advisors or preparing RFPs and tender documents, request a Meisterline ® rating from each lawyer.

When you have folks like the [Bank of England], which did a [proof of concept] with us, as well as the Bank of Japan coming out and saying, we are considering this as legal tender at some point — when you see those developments, you can't help but feel that we are on the right path, that interest is going to continue to grow,» Vias sWhen you have folks like the [Bank of England], which did a [proof of concept] with us, as well as the Bank of Japan coming out and saying, we are considering this as legal tender at some point — when you see those developments, you can't help but feel that we are on the right path, that interest is going to continue to grow,» Vias swhen you see those developments, you can't help but feel that we are on the right path, that interest is going to continue to grow,» Vias said.

In February, when the finance minister was reading the budget, he was keen to note that digital money was not recognized as a legal tender and it would not be long before they [the finance ministry] suppress the usage of the cryptos in case they were used for illegal purposes.

On Nov. 30, 2017, when investor frenzy was at a high with rising bitcoin prices, finance minister Arun Jaitley said the country doesn't recognise cryptocurrencies as legal tender.

Japan have eliminated the consumption tax on Bitcoin trading on April 1,2017 when it officially declared Bitcoin as a legal tender.

Monetary Authority of Singapore again stresses that cryptocurrencies are not legal tender and not backed by any asset or issuer, and advises caution when investing in them.

In most countries, the U.S. included, digital currencies are not recognized as legal tender so investors have little to no recourse when their funds are stolen.

Instead, Germany will regard bitcoin as the equivalent to legal tender for tax purposes when used as a means of payment, according to a new document.

It joined the European Union in 2004 and joined the Eurozone on January 1, 2009, when it adopted the euro as its sole legal tender.