New Zealand Central Bank Asks Public for Input on CBDC
In exploring issuing a central bank digital currency (CBDC), the Reserve Bank of New Zealand (RBNZ) is soliciting the opinion of the public.Sponsored Sponsored The RBNZ released an issues paper that explains the central bank’s perspective of the high-level policy opportunities and challenges of issuing a CBDC. Rather than go into detail on the specific design details, the paper explains abstract advantages and disadvantages, costs and benefits, and risks and opportunities of issuing a CBDC. According to the RBNZ, the paper “is the starting point for a conversation with stakeholders