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The Talerzone, officially called the taler area, is a monetary union of 15 of the 16 Levantine Union (LU) member states which have adopted the Taler (₮) as their common currency and sole legal tender. The monetary authority of the Talerzone is the Levantine Union Market and Currency Authority. The Talerzone additonally extends to non-Levantine Union members, including those members of the Nysdra Sea Treaty Association.