Printing press manufacturer giant CFO: despite the rise of digital payments such as cryptocurrency, the printing press business will remain strong

According to Business Standard, Mathias Daehn, chief financial officer of Koenig & Bauer, the world's second-largest printing press manufacturer, refuted the statement that "banknotes are becoming obsolete with the development of e-commerce, mobile payments, and digital currency." He said that because the legal currency in circulation is closely related to gross domestic product (GDP), emerging markets in particular need more and more cash.