Scammers have been keen to target the Pacific communities in New Zealand, according to the Financial Markets Authority.
In a precedent setting case for New Zealand law, the judge described digital currency as “property.”
The financial markets regulator in New Zealand has warned against Profit Bitcoin, a company it believes has all the hallmarks...
The country´s financial regulator believes the company is operating a digital currency-based scam.
A change in the tax rules could avoid double taxation currently found with some crypto activity.
New Zealand-based crypto exchange Cryptopia was likely in breach of its compliance obligations in the run up to being hacked.