No, the UK Is Not Going to Make USDC and USDT Legal Tender

UK Regulators Say Crypto Adoption Poses Financial Risk, Call for More Oversight

None of these payments involve legal tender. Debit cards, credit cards, bank transfers, checks, mobile money, PayPal – not one of these is legal tender in the U.K. In England, only banknotes and coins are legal tender, and low-denomination coins are only legal tender for amounts up to 20 pence (US25 cents). In Scotland, only coins are legal tender.

Source link

Be the first to comment

Leave a Reply

Your email address will not be published.


*