The most recent iteration of the trend is a rumor that states one of the country's largest banks will soon be getting rid of all coins ... will continue to accept coins in our full-service ...

Here’s what the law says: The Coinage Act of 1965, specifically Section 31 U.S.C. 5103, states: “United States coins and currency ... businesses have to accept it for all transactions.

The central bank has also said that all bank branches have been instructed to accept coins and the central bank will act against concerned banks for non-compliance. In a statement issued here ...

Banks should not refuse to accept coins of all denominations from customers and any non-compliance may result into penal action, the Reserve Bank said on Thursday. The regulator has also advised ...

Well, there's good news as retailers including Tesco have announced that they will continue to accept the old tender ... not just of round pound coins but of all their loose change." ...