BlockchainNZ thanks the Reserve Bank of New Zealand (RBNZ) for the opportunity to submit on the Future of Money – Private Innovation Issues Paper. This submission is in response to the opportunities and risks posed by private innovation in money; how these innovations might impact the Reserve Bank’s objectives as the steward of money; and what regulatory responses could be required to help deliver those objectives in the context of private innovation in money.
In response to the Future of Money issues paper, BlockchainNZ are pleased that the Reserve Bank of New Zealand are considering and exploring new forms of money, the opportunities and risks, as well as regulatory responses required with private innovation with money.