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El Salvador and Bitcoin: Legal Tender or Compulsory Tender?

David Birch, the author, adviser and investor in digital financial services, has recently posted an article on Linkedin, ‘Why would anyone think it is a good idea?’. There is the argument is that shop keepers could always have accepted Bitcoin, but now they have to.

Country Profile - September 22, 2021 midnight

Country Profile: Rwanda

Rwanda is a relatively small land-locked African country in the Great Rift Valley bordering Uganda, Tanzania, Burundi and the Democratic Republic of the Congo. It is the most densely populated mainland African country with a young, mainly rural population numbering 12.6 million.

Country Profile - August 27, 2021 midnight

Changing Cash in Circulation in Italy

The Banca d’Italia (BdI) issued a technical paper in July analysing 20 years of cash data to understand cash circulation, important to a central bank for planning cash production and its monetary policy implementation framework.

Country Profile - August 25, 2021 midnight

DNB Reports on the Future of Cash Infrastructure

The Dutch National Bank (DNB) has written to the Dutch House of Representatives presenting its report, ‘The Future of Cash Infrastructure in the Netherlands’. The DNB commissioned a study from McKinsey in December last year as the basis for this report.

Free - July 26, 2021 midnight

Dutch Remain Positive about Cash

A survey carried out in February 2021 by the Dutch National Bank (DNB Cash) contained some good news for cash. In five years’ time over 70% of all age groups expect still to be using cash.

Country Profile - June 22, 2021 midnight

SNB Favours a Token-Based CBDC Design

The Swiss National Bank (SNB) issued its working paper 3/2021 ‘How to issue a central bank digital currency’. Written by David Chaum, Christian Grothoff and Thomas Moser, the paper presents the SNB’s thinking about a token-based retail CBDC, a rather different approach from most other central banks.

CBDC - June 22, 2021 midnight

MAS Sustainability Report

The Monetary Authority of Singapore (MAS) has issued its first Sustainability Report for 2020/21. The report has a section dedicated to reducing emissions related to currency operations. MAS has identified four areas of focus to reduce its currency related emissions.

Country Profile - June 11, 2021 midnight