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
The People's Bank of China will pilot a restriction on large-scale cash transactions in three different regions, possibly paving the way for its upcoming digita...
Central Bank of China Starts Trials to Restrict Large Cash Transactions
Joeri Cant
2019-11-15T02:10:00+00:00
2547
News
All 7-Eleven stores across the Philippines will sell cryptocurrency for cash thanks to a partnership between crypto investment app Abra and payment processor EC...
All 7-Eleven Stores Across the Philippines Now Sell Bitcoin
Adrian Zmudzinski
2019-09-19T11:02:00+01:00
16866
News
A Treasury document outlines exclusions to a $10,000 payment limit, which may come into force in January 2020.
Australian Draft Bill Excludes Digital Currency From New Cash Payment Limit
William Suberg
2019-07-29T09:54:00+01:00
6555
Analysis
Oxfam issued tap-and-pay cards loaded with $50 worth of DAI to 200 Vanuatu citizens to use via Sempo’s payment platform, following six weeks of direct consultat...
Oxfam Trials Aid Distribution With Dai, Future Use 'Highly Likely'
Samuel Haig
2019-06-26T16:04:00+01:00
5420
News
Findings from the Congressional Research Service coincided with a senator’s call to ban cryptocurrency outright.
US Congress Think Tank Claims Bitcoin Is Used Mostly as ‘Investment Vehicle’
William Suberg
2019-05-29T13:36:00+01:00
7146
Sponsored
Cryptocurrencies have challenges in becoming a major force in the world’s economy, but looking at history, almost every advancement has had similar issues.
Think Crypto’s Challenges Are Unique? It’s Just History Repeating Itself
Connor Blenkinsop
2018-10-09T16:27:00+01:00
5860
Analysis
While crypto’s famed volatility can be terrifying for investors, it is something that needs to be weathered.
Volatility: The Necessary Evil Of Cryptocurrency And How To Handle It
Darryn Pollock
2018-05-21T22:10:00+01:00
25765
News
South Korea’s central bank is considering cryptocurrencies and blockchain as a means by which to become a “cashless society” by 2020.
South Korean Central Bank: Crypto And Blockchain To Provide Cash-Free Society
Helen Partz
2018-05-02T00:35:00+01:00
21305

Follow us on Facebook