New Zealand's Digital Cash Consultation: Feedback Needed on Design and Implementation
Thursday, 18 April 2024, 09:41
New Zealand's Digital Cash Consultation
The recent consultation paper released by New Zealand authorities invites citizens to provide feedback on various aspects of digital cash. The key questions include whether interest should be paid on digital currency and the potential implementation of holding limits.
Key Points:
- Interest Payments: Citizens are encouraged to share their views on the possibility of interest being paid on digital cash.
- Holding Limits: The consultation seeks opinions on the necessity of imposing holding limits on digital currency.
The feedback collected from this consultation is crucial for shaping New Zealand's digital finance landscape in the coming years.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.