Currency
Covid-19 likely to affect return of paper £20 banknote – BoE
Central bank reports consumers are likely to hold onto old banknotes until they cease to be legal tender
Cash issuance in Botswana balloons 18% in 2019
Annual report shows banknote issuance growth for all denominations, despite rise in electronic payments
Angola to issue its first polymer banknotes
Governor says new banknote series will improve security and durability, and cut costs
Coronavirus panic fuels a surge in cash demand
Covid-19 has led to banknote hoarding in Australia, Brazil, Canada, the eurozone, Russia and the US, fuelled by concerns about financial system stress, write Jonathan Ashworth and Charles Goodhart
Bank of Korea sets up digital innovation division
Korean central bank aims to increase CBDC research and create new statistics system
Covid-19 must not cause ‘technological lockout’, says RBA’s Bullock
Merchants could be hit if dual pricing is unavailable for mobile payments, deputy governor says
Trinidad and Tobago demonetisation hit illegal activities, central bank says
Financial Intelligence Unit recorded 900 reports of suspicious transactions in three-month window
Mersch says retail CBDC could destabilise financial system
Central bank digital currency could worsen bank runs and harm disintermediation, ECB official says
Cash usage decreases as confidence in banks rises – research
Research included in MAS review flags importance of psychological factors in cash usage
Bank of Thailand advocates washing banknotes
Central bank says “mild detergent” or soapy water will be enough
Contactless payment limit to rise in the UK
National roll-out of new limit will begin in April, but will take time, says industry body
Will cash survive Covid-19?
Fears are emerging that banknotes may carry the coronavirus. Are they justified?
Denmark renews contract with Mint of Finland
Mint will continue to produce Danish coins until 2025
Bank of Canada developing CBDC ‘contingency plan’
Central bank could issue CBDC if private sector alternatives become quickly dominant, deputy governor says
Bank of Korea will superheat banknotes to stop coronavirus
People looking to exchange currency will have to go through heat monitor
RBNZ governor: lawmakers must help preserve cash access
New Zealand governor says industry and politicians must respond to the rise of “less cash” society
Bank of England launches new £20 banknote
BoE says the new polymer note is the “most secure” it has issued
Bank of Korea stops handling overseas cash as coronavirus spreads
Central bank says it will not accept cash from abroad until further notice