New Zealand’s tax authority has issued new proposals on taxation of crypto and is seeking public feedback on the issue.
New Zealand News
New Zealand is a country in the Pacific Ocean located on two main islands (the North and South Islands) and more than six hundred smaller islands. New Zealand is highly developed in fintech, education and health. New Zealand’s economy has a diverse and high-income economy built on international trade. New Zealand has a large agricultural sector, renewable energy sources and a developed IT and communication infrastructure. New Zealand has no strict Bitcoin regulations. Blockchain-based currencies are totally legal in New Zealand for any kind of lawful activity. New Zealand’s central bank stated that the use of Bitcoin is allowed for any kind of financial operations besides issuing money in a physical form. Fintech in New Zealand is an actively progressing and developing sphere of industry and the country’s government is not willing to prevent its further development.
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- News
by Helen Partz
New Zealand’s ASB Bank, owned by Commonwealth Bank of Australia, has participated in a new $1.7 million funding round by blockchain startup TradeWindow.
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Liquidator Grant Thornton recovered $7.2 million since May but warns that the complexity of proving ownership makes it impossible to estimate timeframes.
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by Joeri Cant
The national police force of New Zealand seize over $4 million in cryptocurrency from Jaron David McIvor, suspected of laundering proceeds from online movie pir...
- Expert Take
New U.K. crypto tax policy paper: Crypto is an asset and subject to capital gain tax.
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by Helen Partz
The Australian Securities Exchange signed a three-party MoU to work on blockchain projects in Australia and New Zealand.
- Expert Take
New Zealand has published a new ruling on salary and bonuses paid in crypto being subject to a pay-as-you-earn tax. But what does that actually mean?
- News
by Jack Martin
New Zealand bank ABS funds local blockchain startup to expedite global trade platform.
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New Zealand's tax authorities have ruled that income in cryptocurrencies is legal and provided guidance on how exactly it should be taxed.
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by Thomas Simms
Microsoft’s technology, known as FarmBeats, uses blockchain, drones and AI to improve productivity and reduce water consumption on farms.
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by Helen Partz
Cryptopia’s liquidator Grant Thornton released an estimation on the financial state of the firm, reporting a total of $4.22 million owed to creditors.
- News
Grant Thornton confirmed it was targeting databases in Arizona as part of its efforts to reconcile user holdings.
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