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.
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.
New Zealand’s ASB Bank Owns 21% in TradeWindow Following $1.7M Round
Liquidator Grant Thornton recovered $7.2 million since May but warns that the complexity of proving ownership makes it impossible to estimate timeframes.
Cryptopia Liquidation: Refund Deadline ‘Not Practicable’ as Users Wait
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...
New Zealand Police Seize $4.2 M in Crypto in Movie Piracy Investigation
New U.K. crypto tax policy paper: Crypto is an asset and subject to capital gain tax.
Her Majesty the Queen Rules Out Crypto as Currency
A New Zealand radio host has stated that crypto promotional ads containing his likeness are not genuine.
New Zealand Radio Host Denies Shilling Bitcoin on Social Media
The Australian Securities Exchange signed a three-party MoU to work on blockchain projects in Australia and New Zealand.
Australian Securities Exchange Confirms It’ll Go Blockchain in 2021
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?
New Zealand Rules for Crypto Salary — Have Hopes Been Answered?