New Zealanders Show Strong Opposition to Central Bank Digital Currency (CBDC)

by Temitope Olatunji | Coinspeaker

The citizens of New Zealand have expressed their disinterest in a central bank digital currency (CBDC). This sentiment was revealed following the Reserve Bank of New Zealand (RBNZ) public consultation, which indicated that most New Zealanders view CBDC as unimportant.

The consultation received the highest-ever response, with 500 written submissions and extensive discussions with stakeholders. Additionally, over 18,000 responses were gathered through an online public survey, three times more than the responses received in the 2021 consultation. Read Full Article >