New Zealand

Reserve Bank of New Zealand to Consult on Potential CBDC

One central bank official says the future "will undoubtedly involve less cash."

News  ·  7 July 2021

Ex-Cryptopia Employee Pleads Guilty to Stealing $170K in Crypto

The unnamed employee created copies of Cryptopia's private keys and saved them to a USB affording access to over $100 million in crypto.

News  ·  5 July 2021
Funds

New Zealand Fund Manager Puts 5% of Retirement Plan’s Assets Into Bitcoin: Report

The KiwiSaver Growth Strategy Fund, which had NZ$350 million (US$244 million) in assets at the end of December, began investing in crypto last October.

News  ·  26 March 2021
Stablecoins

Regulated Stablecoin Launches in New Zealand

New Zealand dollar reserves backing the stablecoin are to be confirmed by an accounting firm on a quarterly basis.

Business  ·  10 March 2021
New Zealand

Troubled Crypto Project Qoin Faces Membership Ruling by New Zealand Blockchain Body

A BlockchainNZ membership review is reportedly focused on alleged conflict of interest between the Qoin project and related companies.

Policy & regulation  ·  9 March 2021
CoinFlash

Cryptopia Exchange, Currently in Liquidation, Gets Hacked Again: Report

The hacked wallet belonged to a creditor, U.S. firm Stakenet, which had not lost funds in the 2019 hack, as reported by Stuff.

Policy & regulation  ·  20 February 2021
Regulation

New Zealand’s Financial Watchdog Warns on Crypto Investment Risks

The warning comes a day after the regulator's U.K. counterpart, the Financial Conduct Authority, also raised similar concerns.

Policy & regulation  ·  12 January 2021
Liquidations

Users of Hacked Exchange Cryptopia Can Now Make Claims to Recover Funds

The liquidator of the defunct cryptocurrency exchange has opened a portal so former users can begin making claims to retrieve their trapped funds.

Business  ·  11 December 2020
CoinFlash

New Zealand Man Charged With Money Laundering via Crypto and Luxury Cars

As well as making cryptocurrency transactions, the man is alleged to have bought luxury cars and property to launder funds.

News  ·  15 October 2020
Bitcoin

New Zealand Stock Exchange Hit Repeatedly by Cybercriminals Demanding Bitcoin

NZX has halted trading for the third day in a row as a result of cybercriminals attempting to extort cryptocurrency.

News  ·  27 August 2020
Bitcoin

New Zealand Police Seize $90M Linked to Alleged BTC-e Exchange Operator

The bank funds are said to be linked to Russian Alexander Vinnik, who allegedly ran the defunct crypto exchange BTC-e.

Policy & regulation  ·  22 June 2020
Crime

Crypto Scams Targeting Pacific Communities on the Rise, Say New Zealand Regulators

A rise in cryptocurrency and coronavirus investment scams has prompted authorities to launch an awareness campaign.

News  ·  13 May 2020
Exchanges

Cryptopia Users Win Victory in Court Case Over Crypto Assets Worth Over $100M

In the fallout from a massive hack of the New Zealand cryptocurrency exchange, users at last have a little good news.

Policy & regulation  ·  8 April 2020
Cryptocurrency

New Zealand Plans to Drop ‘Unfavorable’ Sales Tax Treatment of Cryptocurrencies

New Zealand's Inland Revenue Department is considering how best to change its tax regimen so cryptocurrencies aren't at a disadvantage.

Policy & regulation  ·  25 February 2020
Investments

New Zealand’s ASB Bank Takes Stake in Trade Finance Blockchain Startup

ABS has invested a "significant" amount in TradeWindow, a startup working to put trade finance on a blockchain.

Business  ·  13 August 2019