Cash News

Economists define cash as a physical form of money, such as banknotes and coins. Bookkeepers and financiers explain cash money as a current asset, including currency or its equivalent, that can be accessed immediately. Cash existed in the form of coins until Venetian merchants started using the first banknotes in the early Middle Ages. Today, most cash is being replaced by digital money, which has become the largest share of the total money supply. While cash is not useful for remote payments and is not as fast as digital currency, it is very convenient for private and secure transactions — though this is gradually being replaced with cryptocurrencies. In 2016, 1 out of 7 people in the UK were reportedly no longer using cash, which may indicate the possible existence of a cashless society in the near future — proposals of which are coming from around the world.

News
"This was not Cash App’s decision — we disagree with this move wholeheartedly," tweeted the service.
Square's Cash App briefly halts buying AMC and Nokia stock
Turner Wright
2021-02-02T20:44:05+00:00
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BlockShow
The Ethereum co-founder believes that CBDCs are good for macroeconomics, but there are also certain challenges.
Vitalik Buterin expects lots of ways to exchange CBDCs for crypto
Helen Partz
2020-12-09T18:42:17+00:00
7619
BlockShow
The decision on how to launch a digital euro could still be a long time coming.
Consideration phase for digital euro to go well into 2021, says ECB exec
Helen Partz
2020-12-07T11:52:00+00:00
4441
News
BIS Innovation Hub head Benoît Cœuré stressed the importance of maintaining multiple payment options beyond just CBDCs.
BIS head says physical cash still important, even if CBDCs take over
Benjamin Pirus
2020-11-13T18:13:39+00:00
7417
News
LibertyX wants to provide instant Bitcoin cashouts as the token hits new 2020 highs.
LibertyX launches Bitcoin-to-cash sales at ATMs in United States
Helen Partz
2020-10-27T09:32:47+00:00
5679
News
Abra's CEO purportedly increased his holdings prior to Bitcoin touching new 2020 highs.
Abra CEO's portfolio is 50% Bitcoin as cash is 'becoming worthless'
Helen Partz
2020-10-26T09:47:44+00:00
11288
News
Important questions about CBDCs remain unanswered for the Kiwis' central bank.
New Zealand has no imminent plans to issue CBDC, says central bank exec
Helen Partz
2020-10-20T14:25:30+01:00
9045
News
Russia’s central bank says that the digital ruble can be an “additional form of money alongside cash and non-cash.”
Bank of Russia issues consultation paper on digital ruble
Helen Partz
2020-10-13T13:44:17+01:00
7877

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