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 ICA Editor Press ReleasePRESS 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 ICA Editor Position PaperThe ICA takes the occasion of the European Commission consultation on a digital euro to contribute its position on a Central Bank Digital Currency (CBDC), in particular as it relates to cash. June 2022 ICA Statement Of Input To EC Digital Euro Consultation
A DIGITAL DOLLAR CAN COMPLEMENT CASH, NEVER REPLACE IT
May 23, 2022 ICA Editor Industry Consultations, Press ReleaseICA, 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 ICA Editor Industry ConsultationsThe 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 ICA Editor News, Press ReleasePRESS 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 ICA Editor News, Press ReleasePRESS 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 ICA Editor Industry Consultations, NewsICA 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 ICA Editor Industry Consultations, NewsICA 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 ICA Editor 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 ICA Editor Industry Consultations24 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 ICA Editor News, Press ReleasePRESS 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 ICA Editor News, Press ReleasePRESS 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 ICA Editor Industry ConsultationsSeptember 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 ICA Editor News, Press ReleasePress 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 ICA Editor Press ReleasePress 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 …
ICA calls for ECB to safeguard the value that cash brings to society in plans for a digital euro
January 14, 2021 ICA Editor Press ReleaseJanuary 14, 2021 – The International Currency Association (ICA), representing the global currency sector, has confirmed its submission to the European Central Bank’s consultation on the digital euro. The consultation was launched in response to the ECB report on the development of the digital euro released in October 2020, which …
ICA contribution to the European Central Bank consultation on a Digital Euro
January 13, 2021 ICA Editor Industry ConsultationsJanuary 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 …
European Commission public consultation: ICA advises against discontinuation of 1 and 2 eurocent coins and introduction of uniform rounding rules
January 12, 2021 ICA Editor Press ReleaseJanuary 12, 2021 – The International Currency Association (ICA), representing the global currency sector, has confirmed its submission to the European Commission consultation on uniform rounding rules for cash payments which aims to assess the impact of introducing uniform rounding rules for cash payments in the euro area as well …
Currency Industry global association strengthened through new membership of Oberthur
December 1, 2020 ICA Editor Press ReleaseThe International Currency Association (ICA), representing the voice of the world’s currency sector, are happy to announce that Oberthur Fiduciaire, one of world’s leading private security printers in the world specialising in the design and production of banknotes, associated security features and secure documents, has become a new member of …
ICA leverages global expertise to inform future UK Access to Cash legislation
November 26, 2020 ICA Editor Press ReleaseThe International Currency Association (ICA), representing the voice of the world’s currency sector, has confirmed its submission to the UK Treasury’s Call for evidence on Access to Cash (https://www.gov.uk/government/publications/access-to-cash-call-for-evidence). The Call for evidence seeks views on the key considerations associated with cash access, deposit and withdrawal facilities, cash acceptance, and …
ICA response to HM Treasury (United Kingdom) call for evidence on Access to Cash
November 26, 2020 ICA Editor ReportNovember 2020 The International Currency Association ICA welcomes the opportunity to contribute to the HM Treasury call for evidence on Access to Cash and commends HM Treasury for taking action on this crucial issue. Cash is an essential factor for personal freedom and privacy as well as social inclusion, and …
Chloé Menhinick Joins ICA as Director of Communications
November 10, 2020 ICA Editor Press ReleaseThe International Currency Association (ICA), representing the global currency sector, has appointed Ms. Chloé Menhinick as their Director of Communications. Based out of The Hague, Ms. Menhinick has 15 years of experience working in the associations industry, providing leadership as well as advisory services on communications and marketing, communication for …
Cash is safe: don’t be tricked by misleading article titles
October 12, 2020 ICA Editor NewsBy Wolfram Seidemann, Chairman, International Currency Association Since the beginning of the pandemic, we – as a society and especially as a sector producing banknotes and coins for central banks around the world – have seen a steady flow of disinformation around the role cash may play in spreading Covid-19. …
EU Court Opinion: Cash must be accepted as legal tender for transactions
September 29, 2020 ICA Editor News, Press ReleaseSince the birth of the single European currency, the principle that euro banknotes and coins are legal tender has been enshrined in the EU Treaty. Unfortunately, during the Coronavirus pandemic, fake news about a link between cash and the covid-19 virus has scared many retailers. In the wake of a …
New European Commission Strategy: Cash is a public good and must be accepted by retailers
September 28, 2020 ICA Editor News, Press ReleaseIn the European Commission’s Communication on a Retail Payments Strategy, the European Union’s executive has underlined the importance of cash as a public good – stating that “Cash is a means of payment that offers instant settlement in face-to-face transactions, without any technical infrastructure. It is still the only form …
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