fiat money
Bank lobby group says RBNZ cash plans will increase the cost of banking for all New Zealanders
Reserve Bank opens public consultation on a proposal that would require banks to provide a minimum level of cash services, including withdrawal, deposits and cash exchanging at a cost potentially of about $104 million a year
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Reserve Bank opens public consultation on a proposal that would require banks to provide a minimum level of cash services, including withdrawal, deposits and cash exchanging at a cost potentially of about $104 million a year
The Reserve Bank could have a fairly lengthy selling job to build public understanding of and trust in its proposed central bank digital currency
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The Reserve Bank could have a fairly lengthy selling job to build public understanding of and trust in its proposed central bank digital currency
Privacy Act alone not sufficient to meet user privacy expectations for digital cash, Reserve Bank says
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Privacy Act alone not sufficient to meet user privacy expectations for digital cash, Reserve Bank says
[updated]
Overseas experience points to digital cash not being widely adopted, so far
'Digital cash' could shore up monetary sovereignty, plus boost competition and innovation, the RBNZ says
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'Digital cash' could shore up monetary sovereignty, plus boost competition and innovation, the RBNZ says
The Reserve Bank's four steps towards the potential introduction of a central bank digital currency
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The Reserve Bank's four steps towards the potential introduction of a central bank digital currency
RBNZ's Ian Woolford says a central bank digital currency could bolster competition and innovation in the bank-dominated NZ financial system
RBNZ's Ian Woolford says a central bank digital currency could bolster competition and innovation in the bank-dominated NZ financial system
As it eyes a central bank digital currency, the Reserve Bank acknowledges launching one would at least in part be a defensive play
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As it eyes a central bank digital currency, the Reserve Bank acknowledges launching one would at least in part be a defensive play
Reserve Bank says it plans to announce 'future directions' on matters such as a central bank digital currency within the next six months
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Reserve Bank says it plans to announce 'future directions' on matters such as a central bank digital currency within the next six months
Latest RBNZ survey on cash usage has shown a marked fall in the proportion of Kiwis using cash as a payment - but more of us are hoarding it
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Latest RBNZ survey on cash usage has shown a marked fall in the proportion of Kiwis using cash as a payment - but more of us are hoarding it
In a new consultation paper the Reserve Bank says that without a 'policy response' the cash system may be unable to meet its objectives
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In a new consultation paper the Reserve Bank says that without a 'policy response' the cash system may be unable to meet its objectives
Having central bank digital currencies is a great idea. It's also fraught with difficulties including how to protect banks
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Having central bank digital currencies is a great idea. It's also fraught with difficulties including how to protect banks
The Reserve Bank says, in the 'extreme' stablecoins could see the majority of transactions taking place in our economy occurring outside the domestic banking system
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The Reserve Bank says, in the 'extreme' stablecoins could see the majority of transactions taking place in our economy occurring outside the domestic banking system
RBNZ says a digital version of the Kiwi dollar would both support the value-anchor role of central bank money, and support its ability to act as a fair and equal way to pay and save
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RBNZ says a digital version of the Kiwi dollar would both support the value-anchor role of central bank money, and support its ability to act as a fair and equal way to pay and save