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Questions tagged [currency]

For questions directly relating to currency, its use and legalities - not just when currency is involved

A currency is a standardised system of money issued by a central bank of a country or region that allows monetary transactions to take place.

Questions using this tag should have some aspect of the question relating to the legalities or use of a currency and should not use this tag if no aspect of a currency is in question.

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Do US presidential pardons include the cancellation of financial punishments?

https://www.cnbc.com/2021/01/20/anthony-levandowski-pardoned-after-stealing-trade-secrets-from-google.html says: Anthony Levandowski pardoned after stealing trade secrets from Google In August, Levandowski was sentenced to 18 months in prison for…
Franck Dernoncourt
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Is it legal to physically wash money?

I have some money that fell in a mud puddle. It got really dirty, and I don't want to put it in my wallet as it currently is. Is it legal to wash the money?
user47868
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If I quit, can my employer claim back pay that was agreed to but not included in our written contract?

About a year ago I started a job, my contract for it says: Pay and Expenses The Employee will be paid £9/hr in arrears. Salary may be increased at the direction of The Employer subject to The Employee taking on additional responsibility which is…
Chalky
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Do legal tender laws prevent "no cash" restaurants?

This story about restaurants that only accept electronic payment set me wondering. I know that under legal tender laws a business can set a policy on what forms of payment it will accept, but that only applies if no debt exists prior to the time of…
Paul Johnson
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Can a business owner refuse specific Bills and Coins?

I was reading an article article which outlines a Pizza Shop owner in Canada who is refusing to take $10 Bills with John A. MacDonald on them. For context John A. MacDonald(the first Prime Minister of Canada) was on all $10 bills until 2017, when…
Bertrand Einstein IV
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Can a restaurant in Germany refuse service without a tip?

So I live in Germany, and there is a restaurant about 10 minutes away from my house. I often order from there but now much less. Delivery times can vary from 1 hour to several hours… I just noticed on their website that they will cancel all orders…
Jimmy
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Can a creditor refuse to accept a $2 FRN because he doesn't think they exist?

Like all Federal Reserve Notes (FRNs, aka "bills" or "cash"), the $2 FRN is "legal tender for all debts, public and private." However, a lot of people don't know about them. If I owe someone $10, and all I have is five $2 bills, is it legal for him…
Someone
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When does it become illegal to exchange bitcoin for cash?

I've read several "stings" and raids for running unlicensed money transfer businesses for people buying and selling bitcoin on localbitcoins. All of the articles are extremely vague and don't explain exactly when it becomes illegal. Is there any…
user5389726598465
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Can gold/silver bullion be used to buy/sell market goods?

U.S. here, specifically NY state. Suppose I have an authentic gold coin ("bullion"). Vendor X is selling a product that she is willing to sell me for the general value (I say general here because the value of the coin is constantly fluctuating) of…
hotmeatballsoup
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Do public schools have the authority to fine parents money for being late?

My friend has a child in elementary school, and he goes to a public school. Apparently, at the end of the school day, if the parents are late picking up their kids, the school charges them $10/minute that they are late. So, if a parent gets caught…
Yurelle
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Can you initiate a lawsuit against Russia in the United States to recover seized assets?

Ever since the start of the Ukraine conflict in 2022, Russia has halted payments to international creditors and individuals holding assets like stocks. Is it possible for an average person who happens to possess Russian dividend-paying shares, such…
AlanSTACK
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On the legality of replacing international transfers with intranational ones

Here is a fictional story based on this question. Andrey is a Russian programmer residing in Germany who makes regular wire transfers to his father, Boris, who resides in Russia. Chris & Dasha, a married couple, also reside in Germany. Dasha is…
Rodrigo de Azevedo
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Bank is not depositing my promotion bonus

I opened a bank account in response to a promotion in a big bank (I'm in the US). Originally it was saying "if I keep my money (50K) for 60 days, I get $600". The agent at the branch didn't say anything more. Then they said I get my bonus after a…
Mary
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Can someone deny cash as the payment method?

There are a few restaurants in my area where cash payments are not accepted. They only accept electronic payments such as credit cards, local debit cards, etc. Is this legal? On most currencies, it is written on the note something along the lines of…
kevin
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What crime is committed by deliberately passing off foreign coins as local?

Some countries have coins that are similar at a glance to those of another country. For example, the American and Canadian one cent coins are both copper-colored and are similar in size; while it does not happen constantly, it's not unheard of to…
Someone
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