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Cash has legal tender status
U.S.: I Tried to Pay My Taxes in Cash
Jay L. Zagorsky
April 24, 2023
Paying taxes in cash is arduous, time-consuming and discouraged, but it is possible. For the unbanked, alternative ways to pay are costly.
Read more...
U.K.: Overview of the Cash Access Regulatory Provisions
Ron Delnevo
April 17, 2023
The Financial Services and Markets Bill 2002 would allow HM Treasury to designate firms to be subject to oversight to ensure the continued provision of cash services. The Bill would also give the Bank of England powers to oversee the wholesale cash industry.
Read more...
EU Legislation to Facilitate Access and Acceptance of Cash
Guillaume Lepecq, Federico Regaldo
March 24, 2023
Could legislation contribute to the modernisation of the cash cycle by encouraging the adoption of new technologies and business models?
Read more...
The Digitisation of Payment Instruments Undermines the Public Nature of Money
Tristan Dissaux
March 17, 2023
The digitisation of payment instruments increases the number of people in a situation of monetary exclusion. Digital payments have become essential to fully participate in socio-economic activities, although they are not accessible to all.
Read more...
Cash and Ice Cream in the Big Apple
Manuel A. Bautista-González
February 01, 2023
New York City passed a cashless ban in February 2020 to protect the right of consumers to pay in cash, including those from unbanked households.
Read more...
Cash News: January 1-9
Guillaume Lepecq, Manuel A. Bautista-González (translation/traducción)
January 09, 2023
Elsewhere on the Web provides weekly updates and links to articles related to cash, money and payments curated on the web.
Read more...
2022 in Review
Guillaume Lepecq
January 04, 2023
From pandemic to war, 2022 faced more than its fair share of shocks, demonstrating the essential role of cash for resilient monetary systems. More countries issued regulations to ensure future access to cash.
Read more...
A Royal Makeover: Cash After Elizabeth II
Manuel A. Bautista-González
December 29, 2022
Queen Elizabeth II’s passing marked the beginning of a complex redesign and updating of banknotes and coins in the United Kingdom and many countries worldwide.
Read more...
Is This the Swan Song for Bitcoin?
Guillaume Lepecq
December 15, 2022
Two articles by leading economists announce the swan song for bitcoin. Both have triggered a spate of reactions. Here is what they have in common.
Read more...
The Social Role of Money in an Age of Digitalisation
Guillaume Lepecq
December 06, 2022
The digitalisation of money negatively impacts social cohesion and financial inclusion. With digitalisation, the monetary system becomes more a private good than a public one – and one that risks leaving the most vulnerable behind.
Read more...
Austria: OENB Launches Euro Cash 360° Platform to Promote Cash
Guillaume Lepecq
October 10, 2022
To strengthen and safeguard the role of cash by facilitating open dialogue, the Austrian Central Bank has launched the Euro Cash 360° Platform, along with the Austrian Mint, social partners and other interest groups.
Read more...
Spain: New Law Requires Retailers to Accept Cash
Guillaume Lepecq
June 03, 2022
The newly adopted Consumer Protection Law allows consumers the freedom to pay in cash. Authorities will sanction retailers for refusing payments in cash.
Read more...
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