August 5, 2024 Two pennies began their journey to the International Space Station on August 4, aboard a SpaceX Falcon 9 rocket from Cape Canaveral Space Force Station, Florida. These pennies were part of the uncrewed capsule’s 8,200-pound cargo. The pennies will be used in a “STEMonstration,” a series of short educational videos filmed on Read more about Pennies to heaven: NASA launches 2 pennies to space station[…]

Cash is still vitally important, even as society’s transition toward digital payments accelerates, according to Royal Canadian Mint President Marie Lemay. During the COVID-19 pandemic, as businesses closed their physical doors and consumers shifted their buying online, there was an immediate and dramatic impact on coin demand. Lemay noted recently that coin demand is starting Read more about Vital Role for Cash Remains as Digital Payments Increase[…]

October 10, 2022. Many Florida restaurants and gas stations are accepting only cash in the wake of Hurricane Ian. These businesses need electricity and an internet connection –which doesn’t currently exist or is poor– to process payments and track sales. “Cash demand skyrockets during crises, be it man-made or a natural disaster,” said Americans for Read more about Hurricane Ian Aftermath: Cash Ensures Economic Stability[…]

June 22, 2022 The House of Representatives passed Representative Don Payne’s (D-NJ) bipartisan Payment Choice Act -HR 4395 -on June 15. The legislation protects the right to pay in cash at retail establishments for transactions under $2,000. The Payne bill, which at the time of passage had 49 cosponsors, was adopted on a vote of Read more about House Passes Legislation to Protect Cash Use[…]

Miami-Dade has passed an ordinance that would require businesses in the Floridian county to accept cash, based on concerns that business refusal to accept cash and coin damages minority communities and overall choice. Many states including Arizona, Colorado, Massachusetts, New Jersey and Rhode Island already have pro-cash legislation, as do cities including New York, Philadelphia and San Read more about Increase in Legislation to Defend Payment Choice[…]

Coin Task Force Reports on Disruption in Coin Circulation Posted on February 18, 2022 In response to the COVID-19 pandemic, the US Mint formed a task force to examine the impact of the coronavirus pandemic on coin flows and the use of cash by American consumers and businesses. The U.S. Coin Task Force is comprised Read more about U.S. Coin Task Force report on the reasons for the disruption in coin circulation and what the future of coins looks like.[…]

On December 2, 2020 the House of Representatives passed legislation that would allow the Mint to change the composition of coins. H.R. 7995 sponsored by Congressman Mark Amodei (R-NV) would permit a change in the metal content of our coins if it reduces costs and is seamless, which is determined by verifying that the coins Read more about House Passes Coin Metal Legislation[…]