The Bank of Uganda has issued a bid notice for a proof of concept (PoC) for currency processing machines.

Over the past few years, light-field imaging has been considered one of the more promising directions for next-generation document security features. By reproducing not only the intensity of light but also its direction, a light-field structure can create convincing 3D imagery that changes naturally when the viewing angle shifts. The result is an effect that is both visually striking and immediately verifiable by the naked eye.

‘Why don’t we celebrate cash more?’, we asked in the January edition of Currency News™. ‘And what better way to celebrate than an International Day of Cash (or World Cash Day)?’

The global cash landscape is undergoing profound transformation. Although digital payments continue to expand rapidly, cash remains an essential payment method for millions of consumers and retailers. This tension between declining usage and the enduring need for access is reshaping the way commercial banks operate. A recent IACA hosted webinar entitled ‘The Future of Commercial Bank Cash Operations’, which is the second in a series of events around key stakeholders in the cash cycle, brought together industry experts to explore how banks are adapting their cash operations and what the next decade may hold.

The International Association of Currency Affairs (IACA) has announced the finalists for the 2026 Excellence in Currency Awards, which are all technical and include four categories.

Formerly known as Money Matters, this article is a continuation of the periodic series utilising information drawn from DataVault, the powerful online database which enables users to search, sort and aggregate data on all of the world’s banknotes and circulating coins.

The UK is navigating a pivotal moment in its national infrastructure, embarking on major security printing tenders totalling over £1 billion covering banknotes, passports, and excise-control stamps.

The Bank of Japan was joint winner of the Best New Banknote Series at the HSP Asia conference in Kuala Lumpur last December for the new 10,000, 5,000, and 1,000 yen notes.

CCL Secure has been awarded a tender by the State Bank of Vietnam (SBV) to supply GUARDIAN™ polymer substrate for the 200,000 dong (VND) denomination.

Further to the news that Pakistan’s federal government has formed a committee to investigate whether the 10 rupee banknote should be phased out in favour of its existing equivalent coin (see CN January 2026), a new currency management report has recommended that it should, noting that the shift could save the country billions.

Mali’s Ministry of Economy and Finance has said that claims circulating on social media about the imminent introduction of a common currency for the Alliance of Sahel States (AES) are false.

This February, HSP EMEA marked its 21st edition with its largest event yet. For the first time, the conference was on the African continent (Rabat, in Morocco), highlighting the region’s growing economic momentum and role in global technology and development, particular as regards secure printing, identity management, and related technologies.

The Regional Banknote of the Year Awards form part of the High Security Printing (HSP) EMEA conference. This year there were awards for Best New Banknote, Best New Series and Best New Commemorative Banknote, along with Best House Note and, for the first time, Best New Process or Technology.

The Central Reserve Bank of Peru has issued a new version of the 200 soles banknote.

The Reserve Bank of Fiji (RBF) has introduced a new family of Fijian dollar banknotes, with a launch ceremony held on 2 December 2025. The notes – in denominations of $5, $10, $20, $50, and $100 – were designed and printed by Crane Currency on CCL Secure’s GUARDIAN™ substrate, and is the first polymer series to use the integrated MOTION SURFACE® micro-optic stripe on all denominations. The banknotes were issued on 2 January 2026.

The National Bank of Ukraine has released a modified 200 hyrvnia (UAH) banknote. While the 2019 design and security features remain, the revised notes carry the slogan: ‘Glory to Ukraine! Glory to the Heroes!’

On 8 March Switzerland is asking its citizens whether cash acceptance should be included in the constitution, something Slovakia introduced in December last year. On 1 January Australia introduced (limited) cash acceptance legislation and on 4 February the Netherlands passed its Cash Payments Act. It feels as if wherever you look action is being taken to safeguard cash.

444,000 counterfeit euro banknotes were withdrawn from circulation in 2025, according to the European Central Bank. This is a decrease of more than 20% compared with 2024, and a reversal of the trend which had seen numbers climb since 2021. In terms of the counterfeiting ratio, for 2025 it was 14 ppm, compared with 18 ppm the previous year.

On 11 February 2026, Europol announced that Operation DECOY III prevented an estimated €1.2 billion counterfeit banknotes and coins from entering circulation. This was a joint operation between customs and police organisations that were targeting criminal networks distributing fake currency through the post.

Following the overthrow of the Assad regime in late 2024, Syria’s transitional government introduced a re-designed and re-denominated series of banknotes at the beginning of 2026 (see CN January 2026). It did this as part of a monetary reform strategy aimed at re-establishing a sound banking sector based on financial stabilisation, transparent foreign exchange, secure digital payments, and sustainable financial inclusion.