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New Zealand News and Articles



New Zealand

New Zealand police lost $45,000 in BTC during an operation

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Attackers stole $ 45,000 worth of cryptocurrency from the New Zealand police's bitcoin wallet in operation against them. Law enforcement officers conducted an online investigation into money laundering, but as a result, they lost funds. On the fact of theft, the department opened a criminal case...

New Zealand

New Zealand will analyze implications of the launch of CBDC

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The Central Bank of Jamaica announced its intention to begin testing its digital currency (CBDC) in August 2021. The list of countries ready to launch a token, if necessary, is constantly growing. New Zealand may be replenishing it soon. The central bank plans in the coming months to analyze the...

New Zealand

New Zealand pension fund invests 5% of assets in Bitcoin

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NZ Funds Management's voluntary retirement growth fund in New Zealand has invested 5% of its $ 350 million in BTC. In October 2020, the company amended the investment declarations of the funds to invest in cryptocurrencies. Chief investment strategist James Grigor does not exclude the possibility...

New Zealand crypto taxation

New Zealand wants to exempt crypto from double taxation

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The Tax Administration of New Zealand may refuse to apply tax to cryptocurrencies on goods and services. The document indicates the rapid development of the crypto sector. At the same time, digital assets cannot be unambiguously called an investment product, which makes it difficult to apply the...

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