Cash
ECCB announces digital currency pilot
Governor Antoine says the pilot is not “an academic exercise”, as the central bank plans to roll out the new instrument to the public within 18 months
BoE unveils plans to overhaul cash distribution as volumes fall
Independent report demands action to preserve UK’s cash infrastructure
Central bank digital currencies need bigger incentive to succeed, researchers find
IMF paper estimates the potential demand for central bank digital currencies
Former governor arrested as Central Bank of Liberia probe widens
Milton Weeks and two current CBL officials are due to appear in court today
Central Bank of Liberia officials arrested over banknote allegations
Kroll report finds “discrepancies” in CBL’s handling of two banknote contracts
Central Bank of Kenya governor attacks new banking law
Patrick Njoroge says the law could be “devastating” for the Kenyan economy
Print-your-own banknotes could be the future – DNB official
Single-use banknotes with QR codes could be the future of cash, DNB cash head says
Central banks disagree over cash regulation
The BoE has issued legislation demanding banks supply certain denominations, but other regulators remain on the fence about how they should manage the future of cash
Lack of accurate data poses challenges for cash forecasting
Anonymity of cash makes it hard to track as a payment instrument, panel agrees
The role of e-cash in China
The use of e-cash stored on integrated circuit cards notably reduces cash handling fees and increases security. It also offers greater convenience notwithstanding the rise of mobile payments
UK cash system needs revamp, says Payment Systems Regulator chair
Charles Randell tells lawmakers the regulator will look at entire cash provision infrastructure in 2019
Interview: Jussi Kangas on the future of cash
Bank of Finland adviser says it’s challenging to keep the cash cycle efficient as usage falls
A dual-currency system would make negative rates work – IMF research
Proposal would free monetary policy from lower zero bound when dealing with a recession
Adverse environment forces banknote firm Arjowiggins Security to close
Paper specialist forced to liquidate UK and French holdings despite restructuring
BoE opens doors for debate on the future of central banking
Event breaks new ground in central bank engagement with the public; participants offer both positive and negative feedback
Book notes: Democratizing Money?, by Beat Weber
This is a timely book about ‘how money really works’
UK’s Link implements new fees in bid to halt ATM closures
Subsidy paid by banks to cash machine operators rises to up to £2.75
Currency manager: Bank of Israel
The Israeli central bank is revolutionising the way it manages the country’s banknotes while maintaining security and preparing for the future
Currency services: De La Rue
2018 was a busy year for the UK-based banknote provider as it secured new clients and transformed its focus towards technology
Currency innovation: Giesecke+Devrient Currency App
The German company has helped central banks improve their educational outreach to bolster national currency security
Fed launches banknote app for children
App provides details of security features, mimicking raised intaglio print through vibrations
Innovation prompts firms to hold more cash – IMF paper
Firms must hold enough liquidity to insure against risky research and development
Bhutan strengthens relations with India through payment co-ordination
New proposals will limit the number of tourists having to bring cash into the countries as ATMs and POSs become interoperable with local cards
Supervisory lessons: resolution is a ‘dirty business’
Former Bank of Spain head of supervision Aristóbulo de Juan reveals his principles for resolving problem banks in the final article of a four-part series