Cash protects privacy and anonymity

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.

Nine months after the collapse of the Facebook-led Diem stablecoin, Twitter contemplates joining the monetary space race. Could Twitter evolve into a payment or banking platform?

It is often argued digital payments are convenient. But convenient for whom? Digital payments incur costs in terms of trust, privacy, universality, freedom from commercial exploitation and the absence of discrimination.

Currency News spoke to CashEssentials' founder and chair, Guillaume Lepecq, to find out more about how CashEssentials seeks to add value and influence public opinion on the social necessity of cash.

After the U.S. Supreme Court removed the constitutional right to abortion, state prosecutors could subpoena banks' and fintechs' payments data to use it as criminal evidence.

In this sixth episode of the Cash and Crises podcast series, James Shepherd-Barron sits down with Thomas Byrnes, founder and CEO of Market Impact, a consultancy, to discuss debit cards and how they are used in humanitarian action.

After the U.S. Supreme Court struck down Roe v. Wade, state authorities could start using digital payments data to prosecute women seeking abortions.

Cash in circulation is growing in Tanzania, alongside significant progress in terms of financial inclusion and the development of mobile money.

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.

Cash Talks is a series of webinars debating critical trends and issues in the cash space. The second Cash Talk focused on the issues arising from the parallel circulation of cash and Central Bank Digital Currencies.

Elsewhere on the Web provides weekly updates and links to articles related to cash and money, curated on the web. Last week, the future of money was a hot topic, and several Latin-American banknotes were rewarded for their excellence in design and security.

The Federal Reserve has been investigating the implications and the key conceptual models for a Central Bank Digital Currency (CBDC). The paper is a first step in recognising the benefits and risks of a CBDC and fostering a broad and transparent dialogue with the public.