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Majority have privacy concerns over CBDC – RBNZ survey

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Majority have privacy concerns over CBDC – RBNZ survey

Most of New Zealand’s residents fear that introducing a central financial institution digital forex (CBDC) will infringe on their privateness, a session by the nation’s central financial institution has discovered.

The Reserve Financial institution of New Zealand (RBNZ) started its session on “digital money”, its model of a retail CBDC, in 2021. The outcomes of the newest stage of the survey, carried out between April and July of this yr, have been printed on December 10.

The RBNZ claims the session has acquired extra responses from the general public

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