Limited Public Interest in New Zealand’s CBDC, Consultation Reveals

Limited Public Interest in New Zealand’s CBDC, Consultation Reveals

New Zealanders Show Lukewarm Reception to Proposed CBDC New Zealand’s Reserve Bank (RBNZ) has revealed muted public interest in its proposed central bank digital currency (CBDC). According to a December 10 report summarizing feedback from its public consultation, 70% of respondents viewed the initiative, referred to as "digital cash," as unnecessary. The consultation, which ran from April 17 to July 26, 2024, amassed 500 written submission...

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