Legal Tender: The Quiet Debate over Cash Acceptance in the EU
Guillaume Lepecq
October 20, 2026
Europe's lawmakers agree on the principle that cash must be accepted as legal tender. The argument is over the exceptions — machines without staff, merchants claiming security risks. Together, those two exceptions would apply exactly where people have no other way to pay. And neither exception, on the evidence, holds up.
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The Digital Reckoning: Can it Reshape the Future of Cash ?
The digital revolution promised convenience, efficiency, and progress, but as cyber threats, addiction, and social fragmentation rise, its dark side is becoming impossible to ignore. Can a hybrid payment future truly balance digital innovation with cash resilience? And as cash usage declines, who will fund the infrastructure that keeps it viable? The future of payments demands a radical rethinking of how we preserve inclusion, trust, and choice.
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The Guardian’s Cash-Only Experiment: Discovering the Value of Cash
Imagine a week without cards or apps—only cash. Would you spend less, think harder, or just get frustrated? A Guardian journalist did just that, revealing valuable insights about how cash shapes our spending, emotions, and financial health.
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