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The future of money is digital – but NZ needs a careful framework to prevent the pitfalls of cryptocurrency

  • Written by Abhishek Mukherjee, Lecturer in Accounting and Finance., University of Waikato
The future of money is digital – but NZ needs a careful framework to prevent the pitfalls of cryptocurrencyGetty Images

New Zealand’s central bank is preparing for a future that includes the mainstream use of cryptocurrency.

At the end of last year, the Reserve Bank of New Zealand (RBNZ) published an issues paper, Private Innovation: Te Auahatanga, on digital currencies. The paper sparked a wide-ranging discussion on the development of the cryptoas...

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