Bank of Canada
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Bank of Canada asks for public feedback about a national digital currency
The Bank of Canada wants the public’s opinions on a potential digital Canadian dollar. Although the country’s central bank says a national digital currency isn’t yet needed, it wants to remain flexible and ready if that ever changes.
America’s cash-free future is just around the corner
Shake Shack's next burger joint at Astor Place in NYC doesn't want your money -- at least not the physical variety. In an effort to reduce the "friction time" between paying for your meal and eating it, the company plans to replace human cashiers for automated kiosks which won't accept actual bills and coins, only cards. This move is part of a global trend away from cash-based economies and towards Star Wars-style credits. But could such a monetary revolution actually benefit all Americans? Don't bet on it.