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In the European Union, and more particularly in France, is it legal for an association to create its own private currency?

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    like "monopoly money"? What kind of "currency" is only used "for fun"?
    – Esther
    Jun 23, 2022 at 14:04
  • For internal affairs, it's an idea we've had, but the goal isn't really the point of the question, I'm just asking if it's legal
    – user33846
    Jun 23, 2022 at 14:10
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    in what way is it a "currency" then?
    – Esther
    Jun 23, 2022 at 14:20
  • I added a link to the Wikipedia article, essentially a token that can be created by the association, exchanged and used by the members
    – user33846
    Jun 23, 2022 at 14:23
  • The key questions, I guess, would be tax and money laundering issues. If a store writes a "gift certificate" worth 1€, who is to stop two private citizens to pass one in exchange for considerations worth 1€? The problem happens if this "gift certificate" appears in the cash register and ledgers of another store.
    – o.m.
    Jun 23, 2022 at 16:54

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