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flag New Zealand plans digital cash by 2030, seeking balance with physical cash and addressing public concerns.

flag The Reserve Bank of New Zealand has proposed digital cash to complement physical cash, aiming to combine the benefits of both systems. flag Over 500 written submissions and 18,000 survey responses were received, highlighting concerns about losing physical cash and privacy. flag Most respondents wanted assurances that cash would continue and that digital cash would be usable offline and free from transaction fees. flag The plan includes further public input and could introduce digital cash as early as 2030.

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