News

Bitcoin became legal tender in El Salvador in September 2021. Since then, its volatility has worsened the country's precarious financial situation.

Consumer research shows that cash payments are firmly rooted in French society. Cash is an enabler of social connections and is the preferred form of payment at small shops and for charity.

The U.S. House Committee on Financial Services passed the Payment Choice Act of 2022, a bill designed to protect the right of consumers to pay with cash at brick-and-mortar retailers.

A groundbreaking EU Council Recommendation calls on member states to allow displaced persons from Ukraine to convert up to 10,000 Hryvnias per person, without charge, at the official exchange rate published by the National Bank of Ukraine.

Cash Talks is a series of webinars debating critical trends and issues in the cash space. The third Cash Talk focused on CashTech, the encounter between cash and technology, and discussed whether and how it can play a larger role in the future cash cycle.

In Poland, nearly half of all card transactions involve cash withdrawals and cashback operations. During the pandemic, the Polish central bank has defended the consumers’ right to use cash in retail payments.

Elsewhere on the Web provides weekly updates and links to articles and reports related to cash and money, curated on the web. During the last fortnight, the media have analysed the people featured on banknotes around the globe. In Japan, incredible amounts of cash end up lost and found.

Cash remains the dominant payment instrument in Poland. In January 2021, currency in circulation grew 39% year on year due to increased precautionary demand. Cash spiked after the Russian invasion of Ukraine in February 2022.

In this webchat, a panel of experts discuss CashTech and its ability to change the way cash is accessed, used and moved.

Cash Talks is a series of webinars debating critical trends and issues in the cash space. The third Cash Talk will focus on CashTech, the encounter between cash and technology, and discuss whether and how it can play a larger role in the future cash cycle.

In March 2022, CashEssentials participated in a conversation on the resilience of cash in Mexico during the Global Money Week, an OECD initiative to promote financial literacy.

Twenty-three Dutch organisations closely involved in the payments system signed a new Cash Covenant this week. The agreement seeks to ensure that cash continues to function properly as a payment instrument in the face of a steady increase in electronic payments.