Currency
China launches large-sum cash oversight trials
PBoC will run pilot tests on cash withdrawal monitoring, in crackdown on illicit activity
Rebel Libyan central bank issues more Russian-printed notes
Maltese security forces seize large shipment of banknotes meant for rebel territory
Cash delay worsens Zimbabwe’s economic woes
Distribution delays add to shortage of notes, with the value of cash rapidly eroding
Barbados-based firm hopes to become world’s CBDC provider
Bitt founder shares his ambitions to create a global CBDC settlement network
Cash increasingly used as store of value – BIS report
Cash “still king”, BIS authors say, but electronic payments are taking a bigger share of transactions
Rwanda central bank spearheading cashless movement
Central bank reports e-payments have increased to 34.6% of GDP, but says there is still work to be done
Brexit coin to be recycled amid further delay
Coins bearing October 31 exit date to be melted down, but Treasury says a commemorative coin will still be produced when the UK leaves the EU
Bahamas exploring ‘early introduction’ of CBDC
Move could test currency’s emergency features in aftermath of hurricane Dorian, governor says
Demand for cash remains solid in many parts of the world
Sayuri Shirai re-examines the decline of cash use worldwide
Bahamas takes steps towards digital currency as legal tender
Central bank proposes changes to governing law to give itself authority to issue a CBDC
The future of cash: an update
Antti Heinonen looks at the latest trends in cash use, including a surprising turnaround for the Swedish krona
Carney says new £20 note is ‘most secure yet’
Design unveiled today includes security feature combinations never before used on a UK banknote
ECB and Fed unite on global currency standard
The two central banks want to create the ‘USB of currency processing’
FSB looking into regulations applicable to stablecoins
Stablecoins may be small now, but there’s “no doubt” they pose regulatory challenges, FSB chair says
Swedish state needs to face dangers of falling cash use, Riksbank says
Marginal role for the state in payments could weaken competition and trust, central bank argues
RBNZ may gain new powers to protect access to cash
Consultation proposes more active role for central bank; regulations could mandate access to cash
Albanian central bank introduces first polymer notes
Governor calls on parliament to approve draft law on improving payments systems
Kenyan high court dismisses challenge to new banknote series
Central bank had been accused of violating constitution with banknote designs
How data is driving a counter-revolution in cash
As the payments landscape undergoes far-reaching changes, central banks are mobilising new data tools and technologies to better understand and serve demands for physical currency