Issuing bearer bonds is prohibited in the United States.

Name: Issuing bearer bonds is prohibited in the United States.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Bearer bonds are no longer permitted in the United States due to the potential for illicit activities such as money laundering and tax evasion, as there is no record of the ownership of the bond. Instead, all bonds in the US must be registered, meaning that the owner's identity is recorded with the issuer.

Issuing Bearer Bonds Is Prohibited in the United States