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
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
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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
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Opinion
Cryptocurrency may emerge as a more widely adopted means of exchange as consumers grow increasingly comfortable with cashless transactions.
Americans don’t want to give up their paper money, but they should
Marco Streng
2020-09-27T19:00:00+01:00
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News
The digital renminbi is legally compensatory to China’s fiat currency.
No one can refuse China’s digital currency, says central bank exec
Helen Partz
2020-09-14T10:32:45+01:00
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News
Kazakhstan’s digital tenge has the potential to provide “full transparency in movement of budgetary funds,” chairman at local anti-corruption service says.
Kazakhstan Needs National Crypto to Fight Corruption, Says Local Official
Helen Partz
2020-07-21T19:36:00+01:00
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News
Millions more Americans posted unemployment status last week, but does that mean anything for Bitcoin?
Recent Unemployment Numbers Might Not Mean Anything for Bitcoin
Benjamin Pirus
2020-05-21T20:30:13+01:00
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News
BIS Innovation Hub head asserted the decline of cash use amid the pandemic has renewed the pertinence of bank-issued digital currencies.
BIS Innovation Hub Head: COVID-19 Has Exposed The Value of DLT
Samuel Haig
2020-04-25T15:33:00+01:00
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News
Square has launched an online portal allowing U.S. citizens to divert their stimulus payments to its Bitcoin-friendly Cash App.
Square's Users Can Route Stimulus Payments to BTC-Friendly Cash App
Samuel Haig
2020-04-13T01:00:00+01:00
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