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Coinpedia
2023-06-30 11:14:41

New Zealand Central Bank Prefers Minimal Crypto Regulations

New Zealand Central Bank Prefers Minimal Crypto Regulations

The post New Zealand Central Bank Prefers Minimal Crypto Regulations appeared first on Coinpedia Fintech News New Zealand’s existing laws have taken a progressive step, identifying cryptocurrency as property. With this classification, the country’s central financial institution, the Reserve Bank of New Zealand (RBNZ), is heightening its scrutiny over crypto-assets and stablecoins. The current approach, however, does not involve implementing additional regulations. Crypto Monitoring Intensifies, Regulations Hold Off The RBNZ’s stance …

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