WTF ! This sounds like politicians talking, they say one thing one minute and then another the next.
New technologies and new forms of electronic money are always emerging.
These include:
  • stablecoins
  • cryptoassets (like Bitcoin or Ethereum)
  • decentralised finance.
Digital cash can take advantage of new innovative features like smart contracts.
[...]
Some other forms of digital money, like cryptoassets, are not denominated in New Zealand dollars. If a lot of people use them, it can pose a risk to our economy, the New Zealand dollar, and our monetary sovereignty. Monetary sovereignty is important because it means that New Zealand can:
  • independently manage its money
  • set interest rates
  • make decisions without being overly influenced by external forces.