Reserve Bank to consult on the future of cash
Thursday, July 8th 2021, 10:39AM
The Reserve Bank of New Zealand will be consulting New Zealanders over the remainder of 2021 on issues key to the future of how Kiwis pay and save, driven by its new mandate for cash and a broader currency system that supports the prosperity and wellbeing of New Zealanders.
The Reserve Bank will be releasing a series of money and cash issues papers for feedback from August to November which are taking forward issues identified during Future of Cash consultations in 2019.
The bank will be considering its stewardship mandate, what a resilient and stable cash and currency system in New Zealand might look like, and how it responds to digital innovations in money and payments.
It will also look at the potential for a Central Bank Digital Currency (CBDC) to work alongside cash as government-backed money, issues arising from new electronic money forms including crypto-assets and stable coins, and how the cash system might need to change to meet the needs of users.
The bank is asking those interested in consultation to register on its website.
| « Franklin Templeton joins Net Zero Asset Managers Initiative | Mercer NZ commits to net-zero carbon emissions by 2050 » |
Special Offers
Comments from our readers
No comments yet
Sign In to add your comment
|
|
Printable version |
|
Email to a friend |
