Elsewhere on the web is back!

After a break of several months, ‘Elsewhere on the web’ is back.

This month new banknotes dominate the news.

In Japan, half the population have received new notes one month after their issuance.
In Morocco, new notes commemorate the 25^th Anniversary of King Mohammed VI in power.
In the UK, an auction of the first banknotes featuring King Charles raises nearly £1m for charity

In India, old notes dominate the news. The Reserve BankSee Central bank. More has said that 97.96% of the rupee 2,000 denominationEach individual value in a series of banknotes or coins. More have been returned since its demonetization on 19 May.

In Switzerland, Swissinfo.ch look at the lifecycle of banknotes and what happens when they are withdrawn from circulation.

Poverty alleviation is another key topic.

In Thailand, the government stimulus programme aimed at jumpstarting the economy, which was initially designed as being digital only, will now include cashMoney in physical form such as banknotes and coins. More handouts.
In the US, the Washington Post revives the debate on unconditional cash handouts and universal basic income to conclude that cash handouts are not sufficient to solve the problems of the poor. They are necessary though.

In the UK, the increasing use of the Post Office to handle cash comes as the rate of closure of bank branches and ATMs shows no sign of slowing.

In the US, NCR launches a BitcoinBitcoin is commonly said to be a cryptocurrency, a digital means of exchange developed by a set of anonymous authors under the pseudonym of Satoshi Nakamoto, which began operating in 2009 as a community project (Wikipedia type), without the relationship or dependency of any government, state, company or body, and whose value (formed by a complicated system of mathematical algorithms and cryptography) is not supported by any central bank or authority. Bitcoins are essentially accounting entries i... More Cashout feature whereby enrolled customers can sell bitcoin, picking up their cash at ATMs at thousands of leading merchant locations.

Moscow Times, which is now blocked in Russia, reports that Russia imported more than $29 million in U.S. dollarMonetary unit of the United States of America, and a number of other countries e.g. Australia, Canada and New Zealand. More and euroThe name of the European single currency adopted by the European Council at the meeting held in Madrid on 15-16 December 1995. See ECU. More banknotes from Rwanda this year, despite Western sanctions on cash imports, citing confidential customs data.