The United States Government has set an end date to accept the legal tender notes of the US Dollar below 2021 which will commence on January 31, 2023, according to reports.
This follows was said in the just concluded extraordinary meeting held in Washington DC on November 2 2022 between the United States Federal Reserve Bank, Office of the Comptroller of Currency, IMF, World Bank, and Governors of Africa’s Central Banks.
The restriction suggests that any US Dollar note below the 2021 printed date will no longer be accepted or be a legal tender globally.
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It was learnt that the effort was to curb billions of illegal monies in dollar bills warehoused around the African continent emanating from drug-related, terrorism, kidnapping, and money from corrupt politicians.
Additionally, to execute this plan, African central banks will be assigned a special agent from the Office of the Comptroller of Currency, Administrator of the National bank United States of America to checkmate all inflows and outflows of dollar transactions.
It was equally reported that the US president has written to British Government and European Union to join the league and redesign their currencies accordingly.
By so doing, those with ill-gotten money in the US dollar, British Pound Sterling, and Euros would be hindered.