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New Zealand Police Spotlight Bitcoin Ransom Scam Targeting Porn Viewing
13.4.2020
New Zealand authorities say that victims are being blackmailed by fraudsters claiming to have sensitive information on porn consumption
High Court Delivers Judgement on User Assets at Hacked Exchange Cryptopia
8.4.2020
Users at the now-defunct exchange Cryptopia are the co-beneficiaries of trusts that contained their assets prior to the platform’s hack
New Zealand Financial Regulator Warns Public About ‘Profit Bitcoin’ Scam
6.4.2020
New Zealand’s financial watchdog warns against “Profit Bitcoin” — an apparent crypto investment scam promising a daily profit of “minimum of $13,000”
New Zealand Proposes to Free Crypto From Some Taxes to Promote Growth
25.2.2020
New Zealand’s new proposed taxation systems considers excluding crypto from certain Goods and Services tax provisions
New Zealand Plans to Drop ‘Unfavorable’ Sales Tax Treatment of Cryptocurrencies
25.2.2020
The Inland Revenue Department is considering how best to change its tax regimen so that cryptocurrencies aren't at a disadvantage
The Fallout From Onecoin’s Ponzi Scheme Continues to Impact Investors
25.1.2020
In late 2019, the remnants of multi-level Ponzi scheme Onecoin crumbled. However, Onecoin’s founder, dubbed the ‘crypto queen,’ Ruja Ignatova, remains on the run and law enforcement haven’t caught up with her yet. Moreover, police are investigating two churches in...
New Zealand’s ASB Bank Owns 21% in TradeWindow Following $1.7M Round
16.12.2019
ASB Bank, owned by Commonwealth Bank of Australia, becomes the 2nd biggest shareholder of blockchain firm TradeWindow as it joins $1.7 million funding round
Cryptopia Liquidation: Refund Deadline ‘Not Practicable’ as Users Wait
12.12.2019
Cryptopia liquidator investigates 900K active accounts in an attempt to reunite users with missing funds
New Zealand Police Seize $4.2 M in Crypto in Movie Piracy Investigation
23.11.2019
New Zealand police seize over $4 million in cryptocurrency from Jaron David McIvor, suspected of laundering funds from a movie pirating website
International Law Enforcement Conference Addresses Crypto and the ‘Criminal Economy’
15.11.2019
The 2019 National Proceeds of Crime Conference (NPOCC) held in Brisbane, Australia from November 13-15 addressed “Globalisation and Digitisation of the Criminal Economy,” and featured 200+ delegates hearing from representatives of organizations such as the Australian Federal Police...
Her Majesty the Queen Rules Out Crypto as Currency
9.11.2019
HMRC is publishing a new policy paper for individual and business crypto taxes
Bank of Japan Eyes Lower Rates for Halloween as Negative Global Trend Continues
1.10.2019
In a recent rate review meeting of the Bank of Japan (BoJ), bank governor Haruhiko Kuroda and others on the nine-member board urged leaving all options on the table, where further cuts to the country’s negative interest rate are concerned. The talk of further stimulus reflects an ever-growing...
To Improve the Resilience of its Financial System is Now a Priority for Reserve Bank of New Zealand
30.9.2019
Central banks all over the world are currently looking for a way to make their country’s financial system more efficient and in that regard, New Zealand is no different. In a new development, the Reserve Bank of New Zealand has indicated that the country’s financial system is good enough to tackle...
Stricter Norms Expected in the New Zealand Financial Sector
25.9.2019
One of the most important aspects of the financial markets all over the world is regulation. Regulation ensures that no unfair practices are allowed in the markets and helps retail investors in participating in the markets without the fear of being taken for a ride. On the other hand, bankers...
New Zealand Puts Its Step Forward In Cryptocurrency Arena Through Its Progressive Approach
14.9.2019
Since the highly-anticipated launch of the world’s first-ever cryptocurrency, Bitcoin, there has been no looking back for this domain of virtual currencies. Having borne its share of applauds and criticism, the digital currency area has established itself as a strong contender of fiat money....
Nature Abhors a Vacuum: Why Trump’s Proposed Negative Rates Bode Well for Bitcoin
14.9.2019
In a recent tweet, U.S. president Donald Trump delved into an explosive, all-caps-loaded mini-rant about the necessity of getting “interest rates down to ZERO, or less.” The bombastic politician stressed the need for America to refinance its debt, trailing off with some superficially...
Crypto Salaries Gain Regulatory Recognition Around the World
29.8.2019
Salaries paid in decentralized digital coins have become a norm across the crypto industry, but there’s really no reason why cryptocurrencies can’t be used for remuneration by businesses in other sectors as well. In many jurisdictions that should be legal even in the absence...
New Zealand’s Radio Personality Denies Promoting BTC on Social Media
27.8.2019
Duncan Garner, the radio host who hosts the program called The AM Show on the MagicTalkRadio in New Zealand, has declined of promoting BTC (Bitcoin) on Facebook. As noted in the video, a local news outlet, on 26th August 2019, Garner can be seen setting the record straight about his inclusion...
ASX Developing New Blockchain-Based Platform With Digital Asset and VMWare
27.8.2019
The ASX (Australian Securities Exchange) is developing a new blockchain-based platform in partnership with companies Digital Asset and VMWare. This new platform will replace ASX’s existing registry, clearing and settlement system called CHESS (Clearing House Electronic Subregister System) by 2021....
New Zealand Radio Host Denies Shilling Bitcoin on Social Media
27.8.2019
A New Zealand radio host says that social media posts containing his likeness and promoting Bitcoin are an impersonation