The phrase "accepted currency" is correct and usable in written English.
It can be used to refer to a form of money that is recognized and approved for transactions within a specific context, such as a country or a market.
Example: "In this online marketplace, Bitcoin is now considered an accepted currency for purchasing goods and services."
Alternatives: "recognized currency" or "valid currency".
When the public realized that the paper money was "good as gold," there was no rush to redeem, and greenbacks continued as the accepted currency.
"The U.S.'s exorbitant privilege" — of issuing the world's most widely accepted currency — "allows it not to have a budget, to bump against debt limit with scant market reaction," said Luis de la Calle, a Mexican economist.
Well, says Singer, your car company could not make cars without a legal system that protects mining rights, private ownership of land, accepted currency, transport systems, energy production, an educated labour force, patent protection, judicial resolution of disputes, national defence, protection of trading routes.
(And I should not have used "purchased" because in truth my father did not purchase her, but only accepted currency to take her from the home for forgotten dogs. Because of this, she is not a real seeing-eye bitch, and is also mentally deranged).
And yet, most of the world's most urgent crises can be traced back to unfairness both in the distribution of natural resources and the capital that serves as the accepted currency to make things happen.
In addition, money is not the only accepted currency: in the past, players have been dealt for a box of team warm-ups or, in a particularly memorable transaction, about 30 pounds of meat.
Currently, USD, EUR, GBP and JPY are accepted currencies, with six more coming in the near future, according to the Ruxum founder.
According to the United States Department of the Treasury's site, there is no federal law requiring that businesses accept currency or coins as payment for goods or services.
Krikie Nigi's Chinese Store is different from many others because it accepts currency.
We should also be concerned that organizations like OPEC may decide to accept currencies other than the dollar for payment -- an idea unthinkable then.The situation in 2005 will not be similar; it will be more dire.
Some exchanges are based in one country but accept currencies from several countries, such as Australia's CoinJar, Slovenia's BitStamp, or the United States' Coinbase.
