RBNZ Orr: An innovative approach needed to support a more efficient and resilient cash system

<p>RBNZ is currently commencing Central Bank Digital Currency (CBDC) proof-of-concept design work, which is a “multi-stage and multi-year effort”. The consultation on an issues paper Future of Money – Cash System Redesign, which closes on March 7, received 190 submissions so far. Governor Adrian Orr said in a speech, “we must decide how best to […]</p>
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