alter_native

The Death of Cash Transactions Around The World

0xbitcoiner

It's happening in Australia already:

- October 2022: [Australian banks close hundreds of branches and ATMs as services move online](https://www.abc.net.au/news/2022-10-19/more-bank-branches-atm-close-nationally-apra-2022/101550794)

-  June 2023: [Paying by cheque will no longer be possible by 2030 in Australia](https://www.sbs.com.au/news/article/the-death-of-the-cheque-book-australia-to-phase-out-cheques/qu0e4xf55)

- August 2023: [Reserve Bank of Australia and Digital Finance CRC Complete CBDC Research Project](https://www.rba.gov.au/media-releases/2023/mr-23-21.html)

- September 2023: [Australia to be ‘functionally cashless’ by 2025](https://www.news.com.au/finance/economy/australian-economy/australia-to-be-functionally-cashless-by-2025/news-story/be06a51f917fe42d5fc2f49f23df6d02)

- October 2023: [More than 400 Aussie bank branches closed in the past year, new figures show](https://www.9news.com.au/national/a-tenth-of-all-bank-branches-and-atms-have-disappeared-in-the-last-year-new-figures-show/024ad158-d43d-470d-9099-cf72b4b0b5b0)

- May 2024: [All Macquarie Bank branches go cashless in shift to ‘digital only’](https://7news.com.au/news/all-macquarie-bank-branches-to-lose-cash-in-shift-to-digital-only--c-14516348): Customers will be stopped from withdrawing and depositing cash and cheques this month.

