Key Takeaways In a major development, New Zealand’s crypto regulation got a notable update this week after the country’s Financial Markets Authority(FMA) cleared a homegrown stablecoin from being classified as a financial product, a distinction that could shape how digital…
Key Takeaways In a significant development, New Zealand has announced that it will ban crypto ATMs and introduce a $5,000 limit on international cash transfers, in what officials describe as a targeted move to combat criminal money flows. The policy…
Key Takeaways A man from Wellington, New Zealand has been arrested by the FBI for his alleged involvement in $260 million crypto theft. According to the authorities, the scam led to the theft of $450 million New Zealand dollars, between…
Key Takeaways Cryptopia, the defunct New Zealand-based crypto exchange, has commenced the long-awaited process of returning approximately NZ$400 million (about $225 million USD) in digital assets to 10,000 verified account holders. The exchange entered liquidation in 2019 after a devastating…
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The OECD crypto reporting system is set to be implemented with a new proposal from the Minister of Revenue in New Zealand.
New Zealand's Reserve Bank (RBNZ) has commenced a 101-day public consultation regarding the concepts and layout choices it developed for the nation's digital currency.
New Zealand's central bank, the Reserve Bank of New Zealand (RBNZ), has announced that it will increase its monitoring of stablecoins and crypto assets in response to uncertainties
