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New Zealand's Reserve Bank Explores the Idea of Central Bank Digital Currency (CBDC)

source-logo  coingape.com  + 11 more 30 September 2021 08:11, UTC

Better late than never, New Zealand’s central bank is exploring the idea of having a central bank digital currency (CBDC) in the country’s financial ecosystem. The Reserve Bank of New Zealand (RBNZ) said that a digital currency will include its potential use as a monetary policy tool.

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