The industry body is calling for a "coordinated and graduated approach" to the regulation of digital assets throughout the country.
A BlockchainNZ membership review is reportedly focused on alleged conflict of interest between the Qoin project and related companies.
Qoin is unsure why its membership in Austalia's leading blockchain industry group was terminated.
Blockchain Australia CEO Steve Vallas believes the country is "well placed" when it comes to blockchain, but financial regulators need to take a more active role.
Two groups seeking to promote blockchain tech in the Asia-Pacific have officially merged to open up greater opportunities in the region.