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Caribbean nation St. Kitts and Nevis may adopt Bitcoin Cash as legal tender by March 2023 Nov 14, 2022 byDerek Andersen The country’s prime minister says it is considering introducing Bitcoin Cash on a legal basis, despite being within the territory of the pioneering CBDC DCash. ...
CBDCs have a legal and a technical dimension. Legal tender is anything recognized by law to settle a public or private dept or meet a financial obligation. A creditor is generally obliged to accept legal tender. Regarding taxes, the only way to make tax payments is with legal tender. CBDCs ...
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cash - exchange for cash; "I cashed the check as soon as it arrived in the mail" cash in liquidate - convert into cash; "I had to liquidate my holdings to pay off my ex-husband" redeem - convert into cash; of commercial papers exchange, interchange, change - give to, and receive ...
Cash is a form of fiat money, which does not have intrinsic value because it is not backed by a physical commodity such as under thegold standard. It holds value simply because the government declares it as a legal tender and a medium of exchange. This is why people have agreed to use...
Cash is usually the bills or coins that act as a legal tender. However, for idle cash, the cash includescash and cash equivalents. So, the cash that one deposits in a bank account, which gives no interest, such as a current account, is also idle money. Even money sitting idle in you...
to settle, in hard cash, his account with a certain vintner and distiller in the city of London; to give into whose hands a canvas bag containing its exact amount, and not a penny more or less, was the end and object of a journey for Joe, so surely as the year and day came ...
Digital cash is legal tender that is instantly convertible into other forms of value without the intermediation of any third parties. A. 正确 B. 错误 如何将EXCEL生成题库手机刷题 如何制作自己的在线小题库 > 手机使用 分享 反馈 收藏 举报 参考答案: B 复制 纠错 举一反三 特低电压的供电电...
Cash islegal tender—currency or coins—that can be used to exchange goods, debt, or services. Sometimes it also includes the value of assets that can be easily converted into cash immediately, as reported by a company. Key Takeaways Cash is legal tender that can be used to exchange goods...