LA City Council Takes Action to Ban Cashless Businesses
The Los Angeles City Council has taken a step towards banning cashless businesses in an effort to promote inclusion and allow everyone to participate in the city's economy. Supporters argue that many people, particularly low-income individuals and the unhoused or older population, do not have access to credit cards or bank accounts. However, some businesses are concerned about the potential impact on theft prevention and their ability to make decisions about accepting cash. The council's move comes as a response to the cashless wave that emerged during the pandemic.
