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The Guardian View on Facebook’s Libra: Funny Money

acebooks proposed digital currency, the Libra, is the latest attempt by a big western technology firm to weaken the reach and power of national governments. The promise is that the companys billions of users will be able to transfer money to each other as easily as they can send a message on their phones.

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Sweden: How Cash Became More Trouble Than It’s Worth

Sweden: How Cash Became More Trouble Than It’s Worth

As a report warns the UK’s cash infrastructure could collapse, we look at the lessons from abroad.

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Why Central Bank Digital Currencies Will Destroy Bitcoin

Why Central Bank Digital Currencies Will Destroy Bitcoin

The world’s central bankers have begun to discuss the idea of central bank digital currencies (CBDCs), and now even the International Monetary Fund and its managing director, Christine Lagarde, are talking openly about the pros and cons of the idea.This conversation is past due.

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UK Debit Cards Transactions Overtake Cash for the First Time

UK Debit Cards Transactions Overtake Cash for the First Time

Debit card payments have overtaken cash as the most popular form of payment in the UK for the first time, according to banking industry figures. Consumers used their debit cards 13.2bn times last year, up 14 compared to 2016, according to a report by UK Finance, the trade body for the UK banking and financial […]

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End of the Great Card Payment Rip-off? No, It’s Just a New One

End of the Great Card Payment Rip-off? No, It’s Just a New One

It was meant to be the end of the rip-off that cost consumers hundreds of millions of pounds a year. In January, all extra charges for using a credit or debit card to pay for goods and services were banned to prevent nasty surprises at the checkout.

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Tap to Tip: Buskers Start Offering Contactless Card Payments

Tap to Tip: Buskers Start Offering Contactless Card Payments

London is to introduce a contactless payment scheme for buskers in what organisers say is a world first. Busk in London, a Mayor of London initiative, has partnered with technology company iZettle to give card readers to performers.

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The Crypto-future Is Female: Bitcoin Innovators Push for Inclusion

The Crypto-future Is Female: Bitcoin Innovators Push for Inclusion

Satoshi is female was one of the more pervasive slogans at Consensus 2018, the worlds largest blockchain conference that saw thousands of crypto-believers descend on midtown New York for a packed, three-day meet-and-greet last week.

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