Digital Cash in New Zealand
At the Reserve Bank – Te Pūtea Matua, we’re looking at digital cash. It would be an electronic version of cash, issued by the Reserve Bank of New Zealand, but it would not replace cash.
We are in stage 2 of a multi-year, multi-stage process of considering digital cash. We’ve developed some principles and design options for New Zealand’s digital cash, and we want you to tell us if we have got it right and what it would mean for you.
There are many details to work out before we can decide if digital cash is right for New Zealand, and we plan to consult again in the future on whether we should go ahead and issue digital cash.
Find out more and have your say on the Reserve Bank website.
Text – The Reserve Bank