29 ms·
I believe as long as the place of business is not a government agency, they are not obligated to accept all payment types. https://www.federalreserve.gov/faqs/
by aeoliun 3y ago
I believe as long as the place of business is not a government agency, they are not obligated to accept all payment types.
https://www.federalreserve.gov/faqs/currency_12772.htm https://www.federalreserve.gov/faqs/currency_12772.htm
- jabroni_salad 3y agomaybe federally, but there are local laws too, including the states of massachusetts, rhode island, and new jersey. Also NYC, Philly, and San Francisco: https://www.usatoday.com/story/news/factcheck/2020/09/16/fact-check-cashless-businesses-banned-only-some-local-state-laws/3330804001/ https://www.usatoday.com/story/news/factcheck/2020/09/16/fac... Blocking unbanked people from the economy is sorta bad if you have any kind of homeless population.