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What is the future of banknotes?

Antti Heinonen searches for clues on the future of banknotes at central banks worldwide

Swiss francs being printed
Printing Swiss banknotes
Swiss National Bank

What will the future of banknotes look like? It is evident that most central banks, not only in the developed world, are asking this same question. Investments in new cash centres, vaults or processing machines are long-term commitments, as well as the development of new banknote series. Therefore, in a world of continuously evolving new payment methods, those responsible for central bank cash operations would like to have a crystal ball regarding the future of banknotes.

To know the future, we

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