🏛️ The Reserve Bank of New Zealand (RBNZ) has officially paused research and development on its "digital cash" (CBDC) proposal, leaving everyone stunned! $BTC $OGN $BAT
The RBNZ is pivoting toward a wider work program dedicated to upgrading the underlying infrastructure before thinking about introducing “digital money.”
The RBNZ hasn’t set a specific date for restarting the project, but says this new infrastructure will pave the way for digital currency in the future.
💯 No need to worry, guys! This news has no impact on your crypto trading. The RBNZ is just delaying its own digital currency, while Bitcoin and stablecoins keep moving full speed ahead.
The RBNZ is pivoting toward a wider work program dedicated to upgrading the underlying infrastructure before thinking about introducing “digital money.”
The RBNZ hasn’t set a specific date for restarting the project, but says this new infrastructure will pave the way for digital currency in the future.
💯 No need to worry, guys! This news has no impact on your crypto trading. The RBNZ is just delaying its own digital currency, while Bitcoin and stablecoins keep moving full speed ahead.