How does the legal tender meaning apply to digital currencies?

1 answers

• Basse TimmermannJul 12, 2022 · 3 years ago
  As a representative of BYDFi, I can say that the legal tender meaning does not directly apply to digital currencies. BYDFi is a decentralized exchange that supports various digital currencies, including those that are not considered legal tender. Our platform enables users to trade and transact with digital currencies based on their market value and demand, rather than their legal tender status. We believe in the potential of digital currencies to revolutionize the financial industry and provide individuals with greater financial freedom. However, it's important for users to understand the legal and regulatory implications of using digital currencies in their respective jurisdictions.
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