New Zealand Enter Stage 2 Exploration into CBDC
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In an era increasingly defined by digital transactions, the Reserve Bank of New Zealand (RBNZ), also known as Te Pūtea Matua, is exploring the introduction of a digital cash system. Their initiative aims to complement, rather than replace, the traditional use of physical cash, acknowledging the evolving payment landscapes while maintaining a stronghold on accessibility […]
New Zealand Dollar-Pegged Stablecoin NZDD Debuts on Crypto Exchange
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A stablecoin pegged to the New Zealand dollar has been launched in a collaboration between New Zealand’s Easy Crypto exchange and Australian blockchain developer Labrys. Announced on November 22, the NZDD is backed on a 1:1 basis with cash in trust and is under the regulatory oversight of New Zealand’s Financial Markets Authority. Initially available […]
Rise of the central bank digital currencies: drivers, approaches and technologies
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Impending arrival – a sequel to the survey on central bank digital currency
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