Saturday, June 3, 2023

New Zealand’s Reserve Bank consulting public on a potential CBDC By Cointelegraph

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New Zealand’s Reserve Bank consulting public on a potential CBDC

The Reserve Bank of New Zealand says a central bank digital currency might be a “solution” to the ongoing reduction in the use of cash and that it will look more closely at the use of cryptocurrencies.

The bank will open up public consultations regarding a CBDC and the emergence of new digital forms of money including stablecoins.