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Legislate to preserve the sovereignty of cash.

Submitted on Monday 1st May 2023

Rejected on Wednesday 3rd May 2023

Current status: Rejected

Rejection code: no-action (see below for details)

Petition Action

Legislate to preserve the sovereignty of cash.

Petition Details

Whilst the current government states that any digital currency would ‘sit alongside, not replace cash’ and ‘there are no plans for cash to be replaced’ this does not protect against government u-turn or future governments.

Additional Information

For this reason, the government should bring about legislation to preserve the sovereignty of cash and prevent it from one day being replaced entirely by a digital currency.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

As you note in your petition, the Government has been clear that any digital currency would sit alongside, not replace, cash, and there are no plans for cash to be replaced.

Parliament cannot bind future Parliaments, so there is nothing the current Government can do to preserve cash that a future Government Parliament could not change.

We have published the following petition, which you might like to sign:

Make a UK law requiring all establishments to accept cash: petition.parliament.uk/petitions/636557

Have your say on this petition!

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