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.
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.
New Zealand’s Easy Crypto raises $11.75M, eyes stock market float
The central bank of New Zealand has outlined the major benefits of CBDC designs based on blockchain technology.
New Zealand central bank releases issue paper on digital currency
“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. Hopefull...
Alex Saunders sued for $350K by Nuggets News follower
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 emer...
New Zealand's Reserve Bank consulting public on a potential CBDC
The theft was first discovered in September and was not yet connected to the crypto exchange going into liquidation the previous year.
Your keys, his coins — Cryptopia employee admits to stealing $172K in crypto
"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