Huobi cryptocurrency exchange is expanding its global footprint by winning its first-ever licenses in Dubai and New Zealand.
New Zealand News
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According to Easy Crypto, the $11.75 million in a Series A funding round may be the largest sum of investment raised in New Zealand for a local start-up.
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The central bank of New Zealand has outlined the major benefits of CBDC designs based on blockchain technology.
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“When he told me he had temporary liquidity issues in May, I was glad to help with a short-term loan, but couldn’t get any of my money back since then. Hopefully I can get repaid,” said the plaintiff.
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The Reserve Bank of New Zealand will look at the potential for a CBDC “to work alongside cash as government-backed money,” and assess the issues around the emergence of crypto assets such as stablecoins.
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The theft was first discovered in September and was not yet connected to the crypto exchange going into liquidation the previous year.
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"Techemynt felt it was an ideal time to fill the gap in the market and lead the creation of a NZD-based stablecoin," said Fran Strajnar.
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Power Finance, led by a former PwC partner, plans to launch a New Zealand digital dollar stablecoin early next year.
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The Nasdaq-listed company is moving ahead with its ambitious expansion plan.
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If it's a taxable event, authorities want to know.
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The New Zealand police have recovered $90 million in assets reportedly belonging to the alleged $4 billion launderer Alexander Vinnik.
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Alongside the internet, cryptocurrencies have made the world a global village. Here is a list of countries that are ideal for crypto enthusiasts to live in.
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IBM’s head of blockchain in Australia and New Zealand has shared the firm's outlook for the integration of DLT into supply chain systems.
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New Zealand police flag fraudsters threatening victims with the release of sensitive information about porn consumption if they don’t pay ransom in BTC.
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Hacked cryptocurrency exchange Cryptopia today informed its users that the High Court of New Zealand has delivered its judgment on the status of their compromised assets.
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