Europe is Rediscovering the Virtues of Cash
After spending years pushing digital payments to combat tax evasion and money laundering, European Union ministers decided in December to ban businesses from refusing cash. The reversal comes as 12% of European businesses flatly refused cash in 2024, up from 4% three years earlier.
Over one in three cinemas in the Netherlands no longer accept notes and coins. Cash usage across the euro โฆ โ Read more