Have your say on government e-petitions

Bitcoin to be considered as a legal tender

Submitted on Sunday 6th June 2021

Rejected on Thursday 10th June 2021

Current status: Rejected

Rejection code: no-action (see below for details)

Petition Action

Bitcoin to be considered as a legal tender

Petition Details

Consider Bitcoin as an alternative way of paying and transferring money.

Additional Information

People living in poverty have had issues with accessing banks.
Financial inclusion is a building block of the solution to the brutal reality for Europeans minorities exposed by the much higher than average COVID-19 impact, not receiving stimulus checks or benefits.

Access to the financial system stimulates economic growth, brings financial stability and provides wealth building tools. The fastest and most impactful route to financial inclusion of the unbanked is through legislation, regulation, and proven technologies integrated with the existing financial system.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

It’s not clear what the petition is asking the UK Government or Parliament to do.

Legal tender is only applicable in very limited circumstances. You can find out more here:

www.bankofengland.co.uk/knowledgebank/what-is-legal-tender

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3.233.219.62 Fri, 18 Jun 2021 03:12:27 +0100