ICA white paper on cash policy
ICA cash policy white paper with key recommendations to policymakers and stakeholders For over 5,000 years, cash has been the cornerstone of trade, the economy and society. Today, the ability of people to access and use cash is under threat. Global electronic payment companies, which make huge profits by selling customer data or by charging […]
ICA statement of input to the european commission consultation on the payment services directive and open finance
The ICA welcomes the opportunity to participate in the European Commission’s consultation on the revised Payment Services Directive (PSD2) and on open finance. The Payment Services Directive is one of the most important pieces of legislation in the field. We put forward some general points that we would recommend the European Commission take into account […]
ICA submission to us federal reserve consultation on cbdc, may 2022
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 20 May 2022
A digital dollar can complement cash, never replace it
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 in response to the US Federal Reserve’s discussion paper published in January 2022, which presented the Bank’s emerging thoughts on central bank digital currencies […]
ICA contribution to the reserve bank of australia consultation on its issues paper: ‘review of banknote distribution arrangements
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 is an essential factor for personal freedom […]
ICA contribution to new zealand reserve bank consultation on its issues paper ‘the future of money – central bank digital currency.
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 paper ‘The Future of […]
ICA contribution to uk hm treasury’s access to cash consultation
ICA submission to UK HM Treasury’s consultation on Access to Cash The International Currency Association (ICA) welcomes the opportunity to contribute to 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 personal freedom and privacy, as well as social inclusion, […]
ICA contribution to the Bank of England consultation on its discussion paper ‘new forms of digital money’
The International Currency Association (ICA) is the voice of the currency industry, with a membership covering the design, production, manufacturing, and distribution of coins and banknotes. It is the first industry body of its kind, comprising businesses that span the entire sector. The ICA takes the occasion of the Bank of England’s consultation on its […]
ICA contribution to the European Central Bank consultation on a digital euro
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 of the European Central Bank […]