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.
"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.
New Zealand firm launches stablecoin backed by NZD
Power Finance, led by a former PwC partner, plans to launch a New Zealand digital dollar stablecoin early next year.
Former PwC partner to launch New Zealand ‘Power Dollar’ stablecoin
The Nasdaq-listed company is moving ahead with its ambitious expansion plan.
Ebang aims to set up digital financial platform in New Zealand
If it's a taxable event, authorities want to know.
New Zealand's tax authority grills companies for info on crypto users
The New Zealand police have recovered $90 million in assets reportedly belonging to the alleged $4 billion launderer Alexander Vinnik.
NZ Authorities Seize $90M From Alleged Bitcoin Launderer Alexander Vinnik
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.
The Crypto Enthusiast’s Dream: Top Countries That Tick All the Boxes
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.
IBM Blockchain Head: DLT Is Transforming Global Supply Chains