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Reserve Bank of New Zealand is ramping up its monitoring of stablecoins and cryptoassets
The RBNZ says there are significant risks and opportunities from stablecoins and other private money innovationsbut also significant uncertainties about how the sector will develop and where the optimal balance will liecaution is needed, which also reinforces the need for enhanced data and monitoring to build understandingHere is the link, and some handy info from the RBNZ piece if you need:What are cryptoassets? A cryptoasset is a digital token that relies on cryptographic methods and non-trad...
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Posted: Jun 30 2023, 00:41
Author Name: forexlive
Views: 0810100