RBNZ wants infrastructure in place before considering digital currency
The Reserve Bank's Assistant Governor says core infrastructure must be established before pursuing a central bank digital currency.
The Reserve Bank of New Zealand is taking a measured approach to digital money. Assistant Governor Karen Silk has outlined that the RBNZ wants to ensure the necessary infrastructure is in place before moving forward with any central bank digital currency project.
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RBNZ's Silk says 'core infrastructure is needed' for digital money before any CBDC
Assistant Governor Karen Silk says RBNZ wants infrastructure in place for digital money before going ahead with any central bank digital currency