A penny for your thoughts: Should America become a cashless society?


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Americans aren’t using cold hard cash like they used to: the Federal Reserve has reported declining cash use for more than a decade, a trend that accelerated during the pandemic. Sweden is working towards becoming the world’s first cashless society by 2023. South Korea started eliminating coins from circulation in 2017. Would either of these moves to become cashless or coinless work in the US?

Full story

Americans aren’t using cold hard cash like they used to: the Federal Reserve has reported declining cash use for more than a decade, a trend that accelerated during the pandemic. Sweden is working towards becoming the world’s first cashless society by 2023. South Korea started eliminating coins from circulation in 2017. Would either of these moves to become cashless or coinless work in the US?