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 …
