Throughout 2023, cities and states across the US advanced laws defending choice in payments, recognising cash as a financial bedrock that supports social inclusion, economic resilience and much more. Today, we look ahead to what 2024 might hold for America’s money.
Closing out last year, Wisconsin and Los Angeles were the latest regions moving to enshrine the right to pay for goods and services with cash in law. In these and other places introducing pro-cash legislation—such as Atlanta and Washington D.C.—ensuring all residents have fair access to goods and services is a high priority. Councilwoman Heather Hutt, who introduced a motion to ban cashless business in LA, says she wants to ‘empower’ all residents to participate in the city’s economy, especially lower-income residents, who may be denied access to credit and unable to open bank accounts.
