Tag: Digital Cash

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Reserve Bank of New Zealand Releases Digital Currency Consultation Paper

April 20, 2024

The Reserve Bank of Zealand has said the proposed digital version of the country’s physical cash would provide universal access to central bank money, either in physical cash or digital form. According to the central bank, the digital version will not only be government-backed but will also be denominated in the local currency. Universal Access…
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ECB Paper Marks Success Factors for CBDCs, Digital Euro

December 4, 2021

A paper published by the European Central Bank (ECB) discusses various conditions for successful implementation of central bank digital currencies (CBDCs) such as the eurozone’s own digital euro. The authors also point to different risks that such projects entail, like the danger of crowding out the private sector. ECB: Digital Euro Should Be Widely…
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