From expiry dates on $100 notes and cash payment limits to tracking chips, internet snooping and now central bank-issued digital fiat currency, the battle plan for the war on cash is taking shape.With the Australian federal governments Black Economy Taskforce set to hand down its final report next month, full digital currency transactions or cashless economy is on the horizon. Explains our technology expert R.Sathyanathan.
From expiry dates on $100 notes and cash payment limits to tracking chips, internet snooping and now central bank-issued digital fiat currency, the battle plan for the war on cash is taking shape.With the Australian federal governments Black Economy Taskforce set to hand down its final report next month, full digital currency transactions or cashless economy is on the horizon. Explains our technology expert R.Sathyanathan.
