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
While CBDCs could help central banks address the decline in cash payments, some risk factors remain.
State-backed digital currencies can disrupt financial systems: Report
Helen Partz
2021-05-18T09:12:20+01:00
8040
News
The ECB will decide whether to proceed with digital euro pilots by mid-2021, Lagarde said.
Digital euro could take four years, says ECB president Christine Lagarde
Helen Partz
2021-03-31T12:05:39+01:00
6459
Video
Kraken Bitcoin strategist Pierre Rochard debates professor of computer science Jorge Stolfi on whether Bitcoin meets the definition of a Ponzi scheme.
Is Bitcoin a Ponzi scheme? Pick your side in the latest Cointelegraph Crypto Duel!
Marco Castrovilli
2021-03-05T19:30:00+00:00
30748
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
7349
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
7698
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
4524
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
7446
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
5733

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