New Zealand is taking a firm stance against financial crime with the announcement of a nationwide ban on cryptocurrency ATMs and the imposition of a $5,000 limit on international cash transfers.
Read MoreNew Zealand is taking a firm stance against financial crime with the announcement of a nationwide ban on cryptocurrency ATMs and the imposition of a $5,000 limit on international cash transfers.
Read MoreNew Zealand continues to approach cryptocurrency with a unique and evolving regulatory stance. Rather than treating crypto as legal tender, the country recognizes it as property for tax purposes—a move that has shaped its digital asset landscape since 2018.
Read MoreIn a move to ensure tax compliance in the digital age, New Zealand's Inland Revenue Department (IRD) has intensified its efforts to crack down on cryptocurrency investors who fail to disclose their crypto-related income and gains.
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