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Hot Topic Hawke’s Bay
Tech & Innovation
1 mins to read
2

RBNZ launches consultation on digital cash

Physical cash and coins will still be in circulation around New Zealand.

Cash use declined fast because of Covid-19 and was not increasing.

NBR Staff Wed, 17 Apr 2024

The RBNZ is assessing the merits of ‘digital cash’ with the launch of public consultation from today.

Director of Money and Cash Ian Woolford said the digital currency would be a new type of money in addition to banknotes and coins already in circulation, as well as electronic money in bank

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NBR Staff Wed, 17 Apr 2024
Contact the Writer: editor@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
RBNZ money Currency Ian Woolford cryptocurrency
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