Who would want to hold cash? Most seasoned Monevator readers know their way around far more exciting asset classes, after all. For more than a few readers, I suspect your portfolio is your playground. You trade shares and reinvest your dividends with cheerful self-confidence. You’re the playful otters of personal finance! Yet cash doesn’t seem … Read more
In a reflection of the times we live in, Hasbro announced a new version of Monopoly the other day with no cash and no banker, but a focus upon a digital wallet. It should be available from most major retailers in August 2025. Spotting the announcement my friend (1) Post | LinkedIn says that the … Read more
Mar 22, 2025Ravie LakshmananFinancial Security / Cryptocurrency The U.S. Treasury Department has announced that it’s removing sanctions against Tornado Cash, a cryptocurrency mixer service that has been accused of aiding the North Korea-linked Lazarus Group to launder their ill-gotten proceeds. “Based on the Administration’s review of the novel legal and policy issues raised by use … Read more
We are moving rapidly to a world without cash. In fact, the phrase war on cash was coined (coins?) by the card companies years ago. The aim was to get everyone moving to cards, not cash. It’s now gone beyond that, as everyone wants us to move to digital wallets. All well and good. The … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Singapore’s Prime Minister Lawrence Wong has promised a package of cash handouts in his final budget before the country goes to the polls this year in an election likely to be fought largely on the … Read more