Currently browsing category

Currency

As cashless stores grow, so does the backlash

NEW YORK (AP) — Hembert Figueroa just wanted a taco. So he was surprised to learn the dollar bills in his pocket were no good at Dos Toros Taqueria in Manhattan, one of a small but growing number of establishments across the U.S. where customers can only pay by card …

How to Clean Paper Currency – The New York Times

“No one wants soiled or limp bank notes,” says Peter Balke, a senior policy adviser for De Nederlandsche Bank, the central bank of the Netherlands. Balke’s work has nothing to do with money laundering, which is the bailiwick of law enforcement; for much of the last decade, he has studied …