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ICA reiterates calls for the European Commission to safeguard the value that cash brings to society in plans for a digital euro

June 29, 2022    Chloe Menhinick    Press Release

PRESS RELEASE  June 17, 2022 – The International Currency Association (ICA), representing the global currency sector, has confirmed its submission to the European Commission’s recent targeted consultation on the digital euro. The consultation was launched to complement the ECB’s public consultation on the Digital Euro conducted in 2021 and aims …



ICA statement of input to the European Commission targeted consultation on a Digital Euro

June 29, 2022    Chloe Menhinick    Position Paper

Introduction The International Currency Association (ICA) is the voice of the currency industry. Our membership covers design, production, manufacturing and distribution of coins and banknotes. We are the first industry body of its kind with a membership made up of businesses that span the sector. The ICA takes the occasion …



A DIGITAL DOLLAR CAN COMPLEMENT CASH, NEVER REPLACE IT

May 23, 2022    Chloe Menhinick    Industry Consultations, Press Release

ICA, VOICE OF THE GLOBAL CURRENCY INDUSTRY, CONTRIBUTION TO US FEDERAL RESERVE CONSULTATION PRESS RELEASE May 23, 2022 – The International Currency Association (ICA), representing the global currency sector, has confirmed its submission to the US Federal Reserve consultation on the introduction of a digital Dollar. The consultation was launched …



ICA Submission to US Federal Reserve consultation on CBDC, May 2022 

May 23, 2022    Chloe Menhinick    Industry Consultations

The below are the answers submitted by the ICA to Questions posed at the end of the Federal Reserve’s January 2022 paper ‘Money and Payments: the US Dollar in the Age of Digital Transformation’.   The paper is available at https://www.federalreserve.gov/publications/files/money-and-payments-0220120.pdf   The answers were submitted using the form at https://www.federalreserve.gov/apps/forms/cbdc on …



BUNDESDRUCKEREI BECOMES A MEMBER OF THE ICA

April 27, 2022    Chloe Menhinick    News, Press Release

PRESS RELEASE, 27 April 2022 – The International Currency Association (ICA), the voice of the world’s currency sector, is delighted to announce that the German security solutions provider Bundesdruckerei GmbH has become a new member of the association. Bundesdruckerei is a trusted and innovative partner for governments and central banks …



ICA ANNOUNCES ARISTOCRAFT INTERNATIONAL AS A NEW MEMBER

April 25, 2022    Chloe Menhinick    News, Press Release

PRESS RELEASE, April 25, 2022 – The International Currency Association (ICA), representing the world’s currency sector, are delighted to confirm the expansion of their global membership base with the acceptance of Aristocraft International Private Limited, a supplier of banknote security threads to the Indian Government, as a new member of the …



ICA contribution to the Reserve Bank of Australia consultation on its Issues Paper: ‘Review of Banknote Distribution Arrangements’

January 27, 2022    Chloe Menhinick    Industry Consultations, News

  ICA contribution to the Reserve Bank of Australia consultation on its Issues Paper: ‘Review of Banknote Distribution Arrangements’   The International Currency Association ICA welcomes the opportunity to contribute to the RBA’s consultation on Banknote Distribution Arrangements and commends the RBA for taking action on this crucial issue. Cash …



ICA Contribution to New Zealand Reserve Bank consultation on its issues paper ‘The Future of Money – Central Bank Digital Currency’

December 30, 2021    Chloe Menhinick    Industry Consultations, News

ICA contribution to the New Zealand Reserve Bank consultation on its issues paper ‘The Future of Money – Central Bank Digital Currency’  Submitted in addition to the input to the electronic questionnaire via link: https://www.surveymonkey.com/r/Future-of-money-CBDC   The ICA takes the occasion of the Reserve Bank of New Zealand’s consultation on its discussion …



The UK can set a global benchmark to safeguard access to cash

September 24, 2021    Chloe Menhinick    News, Press Release

– The ICA confirms its submission to UKs Access to Cash Consultation   PRESS RELEASE – September 24, 2021 The International Currency Association, representing the voice of the world’s currency sector, has confirmed its submission to the UK Treasury’s Consultation on Access to Cash. The consultation seeks views on the UK government’s …



ICA Contribution to UK HM Treasury’s Access to Cash Consultation

September 24, 2021    Chloe Menhinick    Industry Consultations

24 September 2021 ICA Submission to UK HM Treasury’s Consultation on Access to Cash The International Currency Association ICA welcomes the opportunity to contribute to the HM Treasury’s consultation on Access to Cash and commends HM Treasury for taking action on this crucial issue. Cash is an essential factor for …



The ICA Announces New Board To Lead Its Next Phase Of Development 

September 17, 2021    Chloe Menhinick    News, Press Release

PRESS RELEASE – London, September 17, 2021 – The International Currency Association (ICA), representing the global currency sector, hosted its Annual General Meeting today In London. Held as a hybrid meeting, this was a unique opportunity for ICA members to come together both in person in London and virtually from around the world, …



Bank of England Consultation On Digital Money: ICA Contributes On Key Characteristics for Coexistence with Cash

September 8, 2021    Chloe Menhinick    News, Press Release

PRESS RELEASE The International Currency Association (ICA), representing the global currency sector, has confirmed its submission to the Bank of England’s consultation on its discussion on paper on new forms of digital money. The consultation was launched in response to the BoE’s discussion paper published in June 2021 which presented …



ICA contribution to the Bank of England consultation on its discussion paper ‘New Forms of Digital Money’

September 8, 2021    Chloe Menhinick    Industry Consultations

September 2021 Introduction The International Currency Association (ICA) is the voice of the currency industry. Our membership covers design, production, manufacturing and distribution of coins and banknotes. We are the first industry body of its kind with a membership made up of businesses that span the sector. The ICA takes …



Cash Payment Limitations for the entire European Union sends the wrong signal about cash, says the International Currency Association

July 20, 2021    Chloe Menhinick    News, Press Release

Press Release, July 20 2021 The International Currency Association (ICA) laments the proposed cash payment limitations included in the anti-money laundering regulation presented today by the European Commission, believing they will do more harm than good and urges European policy makers to continue ensuring that cash can play a key …



EU Court Ruling: Currency Sector Stands Ready To Contribute To The Future Discussion

January 26, 2021    Chloe Menhinick    Press Release

Press Release – 26 January 2021  The principle that euro banknotes and coins are legal tender is enshrined in the EU Treaty since the birth of the single European currency. The ruling of the Court of Justice of the European Union on joint cases C-422/19 and C-423/19 published today in …