Cash
Initiative of the year: Bank of Thailand
The Thai central bank has used two-way communications to support the delivery of major initiatives, including an instant payment system
Currency manager: Bank of Mexico
Central bank invested in new printing plant to address capacity and concentration risks
Belgium to launch new ‘smart’ ATM network
Network will look to solve geographical disparity and maintain cash services
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?
Riksbank to work with Accenture on e-krona pilot
First year will see development of user interface for mobile, card and watch-based payments
CBDC has been “over-hyped” – former RBI deputy
Focus on retail CBDCs is a potential distraction from core central banking functions, says Sinha
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
Swedish MPs propose dual mandate for Riksbank
Proposals aim to redefine institution’s role in monetary policy, financial stability and payments, while enhancing independence
The pursuit of ‘fintecgrity’
Digital currencies, distributed ledgers and deep learning are set to transform the financial economy. How can regulators maintain integrity at the confluence of finance and technology?
Facing up to the tech challenge
Central banks get a wake-up call from libra
Greek cash limits should be scrapped, ECB argues
ECB says some caps are illegal and calls on competent authorities to decide on cash payment rules
De La Rue faces uncertain future as profits collapse
Profits plummet 87% as firm scrambles to cut costs
Canada’s Poloz on monetary policy limits, transparency and cyber recovery
Bank of Canada governor Stephen Poloz speaks about stagflation risks from trade wars, the importance of market signals, Canada’s CBDC plans and why he is not a fan of minutes
China launches large-sum cash oversight trials
PBoC will run pilot tests on cash withdrawal monitoring, in crackdown on illicit activity
Cash delay worsens Zimbabwe’s economic woes
Distribution delays add to shortage of notes, with the value of cash rapidly eroding
A spotlight on IPSAS Draft 69
Proposed accounting guidance for specific instruments by the Public Sector Accounting Standards Board may have significant implications for central banks
ECB’s Löber: Facebook’s libra a “black hole” of legal certainty
But current global standards fit for purpose to underpin digital assets
Mobile payments accelerate decline in Swedish cash use
Cash accounted for just 6% of payments in 2018, and its value in circulation is barely 1% of GDP
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
New Zealanders increasingly abandoning cash – RBNZ survey
RBNZ warns about the effects a cashless society may have on those already excluded from digital innovations
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
Bahamas exploring ‘early introduction’ of CBDC
Move could test currency’s emergency features in aftermath of hurricane Dorian, governor says