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Reserve Bank of New Zealand Releases Digital Currency Consultation Paper
20.4.2024
The Reserve Bank of Zealand has said the proposed digital version of the country’s physical cash would provide universal access to central bank money, either in physical cash or digital form. According to the central bank, the digital version will not only be government-backed but will also...
New Zealand Starts Digital Cash Consultation
18.4.2024
The consultation paper asked New Zealand citizens to respond on the digital cash design, whether or not interest should be paid and if there should be holding limits
New Zealand Begins Plans To Introduce CBDC
17.4.2024
An open survey on "Digital Cash," a potential central bank digital currency (CBDC), has begun, according to the Reserve Bank of New Zealand (RBNZ). This was revealed in a consultation document that the central bank published on April 17.
The post New Zealand Begins Plans To Introduce CBDC appeared...
New Zealand Minister Calls for Overhaul of Digital Asset Regulations
10.4.2024
The Minister of Commerce and Consumer Affairs of New Zealand, Andrew Bayly, has recommended a revamp of the country's approach to digital assets and blockchain technology.
The post New Zealand Minister Calls for Overhaul of Digital Asset Regulations appeared first on Cryptonews
New Zealand Crypto Policy Should Support Industry, Minister for Commerce Says
10.4.2024
The country's "wait and see" approach to regulating crypto could risk New Zealand missing out on the benefits of industry developments, a government inquiry found
New Zealand Regulator Warns Against Crypto Exchange Clone
27.3.2024
New Zealand regulator noted that crypto exchange clone company has been reportedly contacting customers, promising to retrieve funds lost in previous unsuccessful investments.
The post New Zealand Regulator Warns Against Crypto Exchange Clone appeared first on Cryptonews
Cathie Wood: ARK Invest Forecasts Bitcoin Price to Surpass $1 Million Sooner than Expected
11.3.2024
Crypto friendly American asset manager Ark Invest sees Bitcoin’s price hitting $1 million before 2030, according to CEO Cathie Wood in a recent interview with the New Zealand Herald. Hard-talking Bitcoin maxi Wood already eyed a projection of $1.5 million earlier this year in an interview...
Bankrupt Cryptopia Exchange to Return Crypto to Some Creditors
8.3.2024
The New Zealand exchange went offline in 2019 following a cyber attack that saw millions of dollars worth of tokens stolen
Stablecoins Are the ‘Biggest Misnomers’ and ‘Oxymorons’ Says New Zealand Central Bank Governor
15.2.2024
The New Zealand Central Bank governor, Adrian Orr, recently branded stablecoins “the biggest misnomers” and “oxymorons.” Orr also rejected the notion that cryptocurrencies could serve as a replacement or supplement to central bank-issued money. Stablecoins Not a Viable...
New Zealand Central Banker Adrian Orr Says Stablecoins Aren’t Stable: Report
12.2.2024
The country's Central Banker says fiat money is more credible than stablecoins because it has the power of government behind it
New Zealand Central Bank Governor Issues Warning Against Stablecoins
12.2.2024
New Zealand’s central bank governor, Adrian Orr, raised concerns about the stability of cryptocurrencies, particularly stablecoins, during a parliamentary committee meeting on Monday. He criticized these tokens as “misnomers” and “oxymorons,” highlighting their...
New Zealand Police Seize Residential Property and Cash Owned by Fugitive Former Luxembourg Spy and Onecoin Adviser
30.1.2024
A residential property in Wellington, New Zealand and more than $282,000 belonging to an adviser of Onecoin mastermind Ruja Ignatova was recently seized by the police. Detective Inspector Christiaan Barnard said his organization has no reason to believe that Onecoin masterminds are hiding in...
Revolut Unlocks Crypto Trading in New Zealand, Expanding Fintech’s Offerings with 100+ Pairs
20.12.2023
Revolut’s New Zealand users can now trade major cryptocurrencies like Bitcoin through the Revolut app and access educational resources. Image by boumenjapet, Adobe Stock. London-based fintech firm Revolut has launched cryptocurrency trading services in New Zealand. Starting today, customers...
New Zealand’s Kiwi Dollar-Pegged Stablecoin NZDD Embarks With New Self-Custody Wallet
22.11.2023
Source: Pixabay New Zealand-based crypto exchange Easy Crypto and Australian blockchain firm Labrys launched a new NZ dollar-pegged stablecoin on Wednesday. Dubbed NZDD, the stablecoin will be regulated by the New Zealand Financial Markets Authority, a company statement read. The stablecoin will...
New Zealand dollar stablecoin goes live through local crypto exchange
22.11.2023
Easy Crypto launched the aptly named New Zealand Dollar Stablecoin (NZDD) in partnership with an Australian blockchain development firm
Elon Musk trials $1 subscription signup fee for new X users in New Zealand, Philippines
18.10.2023
The Mercurial CEO is on the cusp of turning X into a fully subscription-based app
Major Aussie bank takes next step to AUD stablecoin after Chainlink test transaction
15.9.2023
One of ANZ’s banking executives, Nigel Dobson said the bank sees “real value” in tokenizing real-world assets on-chain like the Aussie dollar
Binance Executives for Russia and Eastern Europe Leave Top Exchange
8.9.2023
Two Binance executives responsible for the crypto giant’s operations in Eastern Europe and the former Soviet space have left the company. The departures come at a time when the leading crypto exchange finds itself under persisting regulatory pressure and is considering leaving sanctioned Russia....
Today in Crypto: 5-Country Joint Advisory Report Warns About Russian Malware Targeting Crypto Users, IBM Shares 5 Points for Success of Digital Euro
1.9.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: 5-Country Joint Advisory Report Warns About Russian Malware Targeting Crypto Users, IBM Shares 5 Points...
New Zealand is ‘Cautious’ on Crypto While Singapore Takes Proactive Approach to Regulate Stablecoins
24.8.2023
Stakeholders in New Zealand are advocating for a gradual and meticulous strategy in regulating the crypto industry in the country. On the other hand, Singapore is embracing a proactive and comprehensive regulatory stance toward stablecoins....
Read More: New Zealand is ‘Cautious’ on Crypto While...