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 Bank of Russia remains skeptical on crypto despite the Russian president viewing it as a potential unit of account.
Bank of Russia to assess Bitcoin holdings volumes as $36B leave banks
Helen Partz
2021-10-15T11:35:24+01:00
9052
News
The central bank of New Zealand has outlined the major benefits of CBDC designs based on blockchain technology.
New Zealand central bank releases issue paper on digital currency
Helen Partz
2021-09-30T09:38:00+01:00
6042
Markets News
The Nasdaq-listed company recently announced it added another 5,050 Bitcoin to its coffers for about $242.9 million.
MicroStrategy’s Bitcoin treasury exceeds cash held by 80% of S&P 500 non-financial companies
Yashu Gola
2021-09-15T16:00:00+01:00
10006
Market Analysis
Bitcoin and Ethereum have been majorly trading in sync since 2018, increasing risk exposure of crypto-only investment portfolios.
Decoupling ahead? Bitcoin and Ethereum may finally snap their 36-month correlation
Yashu Gola
2021-07-22T12:27:41+01:00
57682
Sponsored
Widening economic inequality is a global issue, but this crypto app aims to deliver fairer outcomes for consumers while they shop.
This crypto platform says it is transforming the way we shop
Connor Sephton
2021-06-18T14:03:00+01:00
1562
News
The Agricultural Bank of China previously debuted digital yuan ATMs this January.
Over 3,000 ATMs in Beijing can now convert digital yuan into cash
Helen Partz
2021-06-18T13:19:02+01:00
3868
Opinion
It will take some time for consumers to warm up to crypto, but education is the key to its mass adoption.
Crypto is the next step toward a cashless society
Julian Hosp
2021-06-13T12:49:00+01:00
12293
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
9505

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