Reserve Bank nutting out details of how digital cash could work
Digital cash could increase competition and innovation in banking, RBNZ tells select committee.
The Reserve Bank.
Brent Edwards
Wed, 29 May 2024
If you are confused about digital cash, you’re not the only one.
MPs on Parliament’s finance and expenditure select committee struggled with the concept this morning as Reserve Bank officials gave them a briefing on the proposal.
The bank’s director of money and cash, Ian Woolford, apologised
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Brent Edwards
Wed, 29 May 2024
Contact the Writer: brent@nbr.co.nz
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