IMF Announces Single Global Digital Currency in Push to Eliminate Cash
The head of the International Monetary Fund (IMF) has announced that the global body is “working hard” on the development of a single “global” digital currency.
Cash
WEF Pushes for ‘End of Cash’ amid Banking Crisis
The World Economic Forum (WEF) is hailing the opportunity presented by the global banking crisis to advance toward its goal of a “cashless society.”
Biden’s Push for Digital Cash Raises Major Concerns
As Democrat President Joe Biden continues to push for “digital cash,” major concerns are being raised about the implications of a “cashless” society.
European Union to Ban Cash Transactions over €10,000
The European Union is introducing new laws that will ban transactions over €10,000 ($10,557) in a major push toward an eventual cashless society.
European Central Bank: Cash ‘Not Fit’ for Digital Economy
The European Central Bank (ECB) has dismissed privacy concerns about a central bank digital currency (CBDC) and declared that physical cash is “not fit” for a digital economy.