Even though innovations in digital payments have accelerated in recent decades, cash is the only payment option for a number of citizens in every country. Moreover, the great majority of people would like to keep cash as one of their payment options even in those countries where its share in transactions is already small. Cash is also used for precautionary reasons as well as a store of value and has a significant role in various crises and uncertainties.

The Central Bank of The Bahamas (CBB) has released its new CRISP Evolution $1 banknote. While the design remains basically the same as its predecessor, the previous note was printed on Giesecke + Devrient’s Hybrid™ substrate, while the updated version features its Hybrid ADDvance® substrate.

2025 heralds the Year of the Snake in the traditional Chinese zodiac calendar. In December 2024, the People’s Bank of China announced the issue of a commemorative 20 yuan banknote for the 2025 Chinese Zodiac New Year.

554,000 counterfeit euro banknotes were withdrawn from circulation in 2024, according to the European Central Bank. This is an increase of more than 18% compared with 2023, and resulted in a ratio of 18 ppm, compared with 16 ppm the previous year.

This year’s Regional Banknote the Year Awards for EMEA were presented at a special ceremony during the HSP conference dinner in the traditional Safran Zunft restaurant in the heart of Basel’s charming Old Town.

The Bank of China and Banco Nacional Ultramarino – Macau’s two note issuing banks – have introduced new 50 and 100 pataca (MOP) banknotes. They are the third and fourth notes in the new Macau series, following the issue of new MOP 10 and 20 notes last year.

The Central Bank of Kenya derives its mandate from Article 231 of Kenya’s Constitution and Section 22 of the CBK Act. Among these responsibilities, CBK must ensure and facilitate adequate and secure money supply in the economy. In fulfilling this mandate, the CBK took steps to guarantee the supply of banknotes by procuring an updated version from Giesecke+DevrientCurrency Technology.

Bangko Sentral ng Pilipinas (BSP) has announced the issue of the First Philippine Polymer (FPP) banknote series, over two years after the release of the 1,000 piso polymer as a trial in April 2022.

The Regional Banknote and ID Document of the Year Awards form part of the industry’s High Security Printing (HSP) Asia conference, the latest of which recently concluded in Bangkok, Thailand.

As described in last month’s issue of Currency News™, at the recent Global Currency Forum (GCF) in Oman, industry players showcased house notes with new security features on themes ranging from butterflies, meadows and the ocean to Venus. To that can be added chameleons.