Category: fiat cash

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Mauritania Central Bank Partners With Giesecke+Devrient to Develop a National CBDC

April 23, 2024

The Central Bank of Mauritania (CBM) has partnered with Giesecke+Devrient (G+D) to develop and launch a digital version of the national currency. The Germany-based security technology firm is expected to assist the CBM in outlining the prerequisites for a national Central Bank Digital Currency (CBDC). Outlining Prerequisites for a Central Bank Digital Currency The Central…
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Australian Cash Use in Decline as 75% of Residents Now Seen as ‘Low Cash Users’

December 15, 2023

On Dec. 12, Michele Bullock, the governor of the Reserve Bank of Australia, revealed that as much as 75% of Australians are now considered to be “low cash users.” Bullock also noted that the reduction in the use of cash for transactions is putting a strain on the cash distribution system. Australian Senior Citizens Still…
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