E-money as legal tender: Does the status really matter?

Safari Kasiyanto

    Research output: Chapter in Book/Report/Conference proceedingConference contributionScientificpeer-review

    Abstract

    The pro and contra over the importance of e-money being attributed the status of legal tender has been brought on the table since the early 90s. Is obtaining the status of legal tender really necessary for e-money to strengthen its position as a
    means of efficient payments in the economy? What do current major laws around the world say on this idea? This paper tries to shed a light in answering those questions using legal and economics perspectives.
    Original languageEnglish
    Title of host publicationProceedings of the 12th International Conference e-Society 2014
    EditorsPiet Kommers, Pedro Isaias
    Place of PublicationMadrid, Spain
    PublisherInternational Association for Development of the Information Society (IADIS) Press
    Pages11-18
    Number of pages8
    ISBN (Print)978-989-8704-03-0
    Publication statusPublished - 28 Feb 2014

    Keywords

    • e-money
    • legal tender
    • payment systems
    • regulation

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  • Cite this

    Kasiyanto, S. (2014). E-money as legal tender: Does the status really matter? In P. Kommers, & P. Isaias (Eds.), Proceedings of the 12th International Conference e-Society 2014 (pp. 11-18). [2] International Association for Development of the Information Society (IADIS) Press.