Crypto ATMs were just banned in New Zealand: Here’s why it matters
New Zealand’s financial watchdog outlawed crypto ATMs, citing regulatory gaps and AML concerns and raising questions about retail access and compliance. Go to Source
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New Zealand Says Crypto ATM Ban Aims to Close Money Laundering Loophole
The New Zealand government has announced it is banning crypto ATMs as part of its efforts to enhance anti-money laundering and counter-financing of terrorism measures. New Zealand Says It Is Targeting Criminals, Not Legitimate Businesses The New Zealand government has announced a ban on crypto ATMs to bolster its anti-money laundering and counter-financing of terrorism … Read more
Bankrupt Cryptopia exchange distributes $225M to hack victims
Initially owing creditors $4.2 million, Cryptopia’s liquidator Grant Thornton has distributed at least $225 million in crypto to hack victims in December. Go to Source
‘I’m not leaving’ — Megaupload’s Kim Dotcom to fight US extradition
“I love New Zealand. I’m not leaving,” said Bitcache and Megaupload founder Kim Dotcom on X after the New Zealand Justice Minister signed off on a United States extradition order. Go to Source
Kim Dotcom’s Extradition to US Approved by New Zealand Justice Minister
Kim Dotcom, the founder of Megaupload, may soon be extradited to the U.S. from New Zealand following a decision by Justice Minister Paul Goldsmith. Dotcom, who has long resisted extradition since an FBI raid in 2012, said he has a plan and expressed his affection for New Zealand. He is accused by the U.S. of … Read more
New Zealand dollar stablecoin goes live through local crypto exchange
Easy Crypto launched the aptly named New Zealand Dollar Stablecoin (NZDD) in partnership with an Australian blockchain development firm. Go to Source
New Zealand parliamentary report advises against hasty crypto regulation
An independent report prepared for a House committee suggests the government foster the development of digital asset technology and regulate it cooperatively. Go to Source
New Zealand crypto exchange Dasset enters liquidation
Customers of Auckland-headquartered crypto exchange have been denied access to their funds. Go to Source
Crypto ‘regulatory approach isn’t needed now’ — New Zealand central bank
Reserve Bank of New Zealand however said that crypto and stablecoins should be more closely monitored. Go to Source Powered by WPeMatico
Google Trends Data Reveals Searches for ‘Banking Crisis,’ ‘Bank Runs,’ Skyrocket
Interest in the U.S. banking crisis has risen greatly over the past two weeks, as shown by Google Trends data. There has been a sharp increase in queries related to search terms such as “banking crisis,” “bank collapse,” and “bank failure.” On March 13, 2023, the search term “banking crisis” reached the top Google Trends … Read more
