Orr:
- says the Bank is beginning work on CBDC proof-of-concept design work
- no decision has been made yet on what form of CBDC is right for NZ
Meanwhile, over in established crypto land, BTC is fairly flat on the session, up from its earlier low:
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RBNZ Governor Orr comments on Central Bank Digital Currency
- Reserve Bank of New Zealand Gov Adrina Orr
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