#NewZealand tests the water on ‘digital cash’ issuance : New Zealand’s central bank has taken a four-stage approach to #CBDC issuance and aims to issue an in-house digital dollar by 2023. The Reserve Bank of New Zealand (RBNZ) opened a 101-day public consultation on the principles and design options it created for the country’s digital dollar. However, the central bank plans to discuss the issuance of a central bank digital currency (CBDC) in future consultations. The RBNZ has taken a four-stage approach to CBDC issuance and aims to issue an in-house digital dollar by 2023. New Zealand’s central bank is in the second stage of its digital cash initiative, which involves exploring high-level design options for digital cash and related consulting and budgeting. On April 17, the central bank released a consultation paper to help determine “future work on whether digital cash is right for New Zealand.” The consultation closes on July 26. #Bitcoin #BTC #Crypto #LQR #LaqiraProtocol