Currency
Bank of Korea stops handling overseas cash as coronavirus spreads
Central bank says it will not accept cash from abroad until further notice
Book notes: The power of money, by Robert Pringle
Economists would benefit from reading this “remarkable” book, which contains “brilliantly written snapshots” about money’s historical and social roles
Brexit coin to finally enter circulation
Royal Mint will release 10 million commemorative 50p coins
Belgium to launch new ‘smart’ ATM network
Network will look to solve geographical disparity and maintain cash services
RBA says it will replace banknotes ‘completely destroyed’ in bushfires
Central bank prepares for influx of damaged banknotes and continues to make “fire-related” emergency payments
PBoC signs currency settlement agreement with Laos
Agreement comes as Chinese authorities push for increased international use of renminbi
Interview: Björn Segendorf
Riksbank senior adviser thinks it highly unlikely cash will disappear completely in Sweden, but says if it does, the central bank will continue to keep stocks of cash
RBI launches app to help visually impaired
App can be used by people with visual impairment to identify banknotes
Are we sleepwalking into a cashless society?
Cash could be crowded out of the payment landscape if current trends continue, but should central banks be responsible for ensuring its survival?
Banque de France to launch CBDC experiments in 2020
De Galhau says new directorate will look at using wholesale CBDC in transactions for tokenised assets
ECB welcomes Swedish draft law to order banks to supply cash
Proposed law follows Riksbank’s warnings on risks of Sweden’s rapid move away from cash
De La Rue faces uncertain future as profits collapse
Profits plummet 87% as firm scrambles to cut costs
Interest-bearing CBDCs could solve welfare trade-off – IMF paper
Making CBDCs interest-bearing would avoid dangers to cash use or bank deposits
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