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All travellers entering or leaving Singapore carrying Physical Currency and Bearer Negotiable Instruments (CBNI) that value more than S$20,000 or its equivalent in a foreign currency, must submit the necessary declarations electronically with effect from May 13.
The current hard copy form will be discontinued on the same day. Read more at straitstimes.com.
Going completely cash-only for a period of time has become a popular spending reset trend. But does only using physical currency truly curb impulsive purchasing and increase financial mindfulness? Or...
Eswar Prasad, a Cornell University professor, has warned that central bank digital currencies (CBDCs) – with their expiry dates and restrictions on “less desirable” purchases – could lead economies to a much dark path. Prasad issued the warning during the 14th Annual Meeting of the New Champions hosted by the World Economic Forum (WEF). During one of […]
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Snap! Orlando presents "Physical Currency" by Winter Park artist Chris Robb at Orlando City Hall's Terrace Gallery, open through Sept. 11.