Cashless Economy
Cashless Society as a dangerous step toward the End of Times? India: the Cashless Fail Counting cash is part of the Learning Experience for Children Why Cashless Economy is not such a good idea Will Africa turn cashless? No more cash for Armenian pensioners The War Against Cash Will the UK Stores be soon Cashless? Canada soon the most Cashless Country in the World? Some UK banks now more cash friendly?
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Terrorism, money laundring: the risks of digital currency trading





Terrorism, money laundring: the risks of digital currency trading

The Monetary Authority of Macao (AMCM) has informed Macau News Agency that the trading of virtual currencies still implies considerable risks, including money laundering and terrorism financing.

The response was issued after an inquire on current works related to digital currency legislation, with the local monetary authority maintaining its cautious view towards decentralised digital currencies.

“Bitcoin, or any kinds of cryptocurrencies, are types of the virtual commodity which is neither a legal tender nor a financial instrument subject to the supervision of the AMCM,’ the monetary authority told MNA.

Cryptocurrency Bitcoin has seen its value soar above US$50,000 for the first time this week, having rocketed by almost 75 per cent in value this year.

Some of that rises has been attributed to corporate heavyweights backing world’s most popular virtual currency, with online payments group PayPal saying it would allow account holders to use cryptocurrency,  electric carmaker Tesla investing US$1.5 billion.

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Go Further

Cash is not spreading COVID-19 - 08/02/2021

CJEU Protects the Right to Pay in Cash - 07/30/2021

How Fraud is destroying the Trust in Cashless Society - 07/24/2021

Why local Cash can boost the Economy - 07/19/2021

Too many British rely on cash to turn into Cashless Society - 07/11/2021

Doubt over cashless economy: how trust in cash increased during covid-19 crisis - 07/09/2021

Cashless Societies are no answer to Economic Crisis - 07/09/2021

New Law to protect the access to cash? - 07/07/2021

How Free ATMs protect many people from the worst sides of Cashless Societies - 07/05/2021

No cash, no freedom, for better or for worse, an Australian example - 07/03/2021

Cashless society, or the new illusion of a virtual world - 07/01/2021

Cashless Societies, Exclusive Societies? - 06/26/2021

Hong Kong, Myanmar, etc. Can Cashless Economies Become Limited Democracies? - 06/24/2021

Behind Cashless Economy, Mass Surveillance? - 06/21/2021

More Cashless means less Inclusion - 06/16/2021

Cashless Debate: the pros and cons agree on the risk of privacy - 06/11/2021

How Cashless is living on fees - 06/06/2021

Cash still very strong despite the COVID-19 and Cashless Lobbying - 06/04/2021

The End of the mandatory Welfare Card? - 05/31/2021

Bangladesh is not ready for Cashless Economy - 05/28/2021

Cashless Gambling: a good Idea? - 05/27/2021

Going cashless: Are Seniors still taken into account in the UK? - 05/24/2021

More retailers vote for cash - 05/18/2021

Korea's dangerous path to cashless society - 05/14/2021

ATM fees: a way to force people adopting cashless? - 05/11/2021

Cash is a needed public good - 05/09/2021

What place for seniors in a Cashless Economy? - 05/07/2021

Cashless or all cash: There is a good middle ground - 04/19/2021

How Cashless is harming the elderly - 04/17/2021

The UK on its way to Cashless Society? - 04/07/2021

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Banking Security

Cash is not spreading COVID-19

CJEU Protects the Right to Pay in Cash

Cashless Society as a dangerous step toward the End of Times?

How Fraud is destroying the Trust in Cashless Society

Have your say

Cashless Society as a dangerous step toward the End of Times?

Cashless Society as a dangerous step toward the End of Times?
We are currently living in the end times, cash or no cash. However, the conditions described in Revelation 13:17 existed without a cashless society. If a tradesman wanted to sell his goods, he needed to be a member of the trade association or guild. Each association had a patron deity and in order...

Why Cashless Economy is not such a good idea

Why Cashless Economy is not such a good idea
The more we hear about a cashless society, I wonder if anyone is really thinking of what this really means? A cashless society mean no cash Zero! It does not mean mostly cashless, and you can still use a "wee bit of cash here and there." Cashless means fully digital, fully traceable, fully...

Living in a Cashless Society is not that convenient

Living in a Cashless Society is not that convenient
Just last week we purchased lunch from a local eatery. We dug deep into the recesses of our wallet, searching for some money to complete the transaction. Eventually we scrambled together enough $1 and $2 coins to pay for the fare. "Oh, you're not using a card,'' the youngster behind the counter...
Academic Research

Counting cash is part of the Learning Experience for Children

Welcome to Cashless Economy: Digital frauds are booming

How cashless can lead to unhealthy consumption

The cashless society from an ethical point of view

The debate about the move towards a cashless society has been at the center of the scene for several years, now. Various angles have been taken by economists, politicians, banking institutions and sociologists. Beyond the technicalities of the debate, lies the question of freedom, of inter-citizen solidarity and of governmental responsibility. The debate cannot remain in the hands of financial specialists, it is first and foremost an ethical, political and societal issue.


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The debate

Cash is not spreading COVID-19

Cash is not spreading COVID-19
Experts from the European Central Bank, in collaboration with the Department of Medical and...

CJEU Protects the Right to Pay in Cash

CJEU Protects the Right to Pay in Cash
Earlier this year, in January 2021, the Court of Justice of the European Union (CJEU) delivered a...

How Fraud is destroying the Trust in Cashless Society

How Fraud is destroying the Trust in Cashless Society
Experts in the technology industry have stated that the lack of trust in the use of digital...

Why local Cash can boost the Economy

Why local Cash can boost the Economy
Ann Lapenna always felt buoyed by a sense of belonging when she walked into the West End Food Co-op...

Too many British rely on cash to turn into Cashless Society

Too many British rely on cash to turn into Cashless Society
In its new Behind the Headlines report ‘Short-changed: How the decline of cash is affecting older...

Doubt over cashless economy: how trust in cash increased during covid-19 crisis

Doubt over cashless economy: how trust in cash increased during covid-19 crisis
The pandemic has had many surprising consequences for society. It has even impacted how we think...

Cashless Societies are no answer to Economic Crisis

Cashless Societies are no answer to Economic Crisis
The global economic crisis resulting from the pandemic has inevitably led to commentators focusing...

New Law to protect the access to cash?

New Law to protect the access to cash?
Consumers and businesses will have a legal right to withdraw and deposit cash within "a reasonable...

How Free ATMs protect many people from the worst sides of Cashless Societies

How Free ATMs protect many people from the worst sides of Cashless Societies
Nearly 60 areas have benefited from an initiative launched in 2019 by LINK, the UK’s main cash...

No cash, no freedom, for better or for worse, an Australian example

No cash, no freedom, for better or for worse, an Australian example
Jocelyn Wighton sits in her lounge room inCeduna and ­listens to a group of young men speaking...
The website "Cashless Economy" (cashless-economy.com) is edited by individuals and civil society groups fully committed to defending privacy and civil liberties against abuse and the risks inherent in a cashless society.
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