Cash Transactions news and trends

Why Cash Was King For The Queen Of Soul
Cash // August 18, 2018

“Oooh, your kisses, sweeter than honey/ But guess what? So’s my money.” Writing about Aretha in a 2016 profile for The New Yorker, writer David Remnick noted that as she sat readying herself for a performance, she was surrounded by small stacks of hundred-dollar bills. The money,...

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Cuba Implements Regulations to Combat Inflation and Off-the-Books Economy

August 03, 2023
The Cuban Central Bank has issued new regulations designed to address runaway inflation and the large off-the-books economy that has developed in the midst of the country’s economic crisis. The regulations, which went into effect Thursday (Aug. 3), put a limit of 5,000 pesos on cash transactions between state and private businesses and bans those […]