In the Netherlands there is nothing illegal about copying money; what is illegal is spending it (or having it spent by someone else) as real money on purpose.
Idea behind that, I think, is that there is a gradual scale from real money to good counterfeit to lousy counterfeit to images of money printed in a journal or even on a coffee mug to basically whatever can be printed.
Though from what I understand, it's illegal to make copies (electronic or otherwise) of banknotes in both Scotland and the USA.
When I was recently in the US, I bought a novelty pad of oversized $100 bills from the Bureau of Engraving and Printing gift shop. It's obvious they're not real but they have all the hallmarks of a real bill - a serial number, same print, series number and even the phrase "THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE". Even a fake (monochrome, scanned and non-reactive) security strip.
My fiancée bought a similar pad of oversized novelty £20 notes here a few years ago which were littered with the word "specimen" and small print stating that they were for novelty use only. Additionally, many government websites with images of banknotes here have the word "specimen" printed quite prominently on their images (except where the image is a photograph of a banknote in some setting, not stand-alone).
In the US you are allowed to create fake banknotes but there are some restrictions on how closely they can resemble real ones. According to the Counterfeit Detection Act of 1992, a reproduced bill must be: a.) either less than 75% or more than 150% the size of a real bill, b.) one-sided, and c.) made with only one color
In the Netherlands there is nothing illegal about copying money; what is illegal is spending it (or having it spent by someone else) as real money on purpose.
Idea behind that, I think, is that there is a gradual scale from real money to good counterfeit to lousy counterfeit to images of money printed in a journal or even on a coffee mug to basically whatever can be printed.