New Zealand

New Zealand Cryptocurrency Exchange Easy Crypto Raises $12M

Nuance Connected Capital led the Series A funding round, which also included investors from Indonesian and U.S. venture firms.

By James RubinOct 6, 2021

The bank said in its papers that it sees trends in the use of cash which “present an opportunity” to consider broadening central bank money.

The move marks the exchange’s first attempt at an expansion outside Australia.

One central bank official says the future "will undoubtedly involve less cash."

By Jamie CrawleyJul 7, 2021

The unnamed employee created copies of Cryptopia's private keys and saved them to a USB affording access to over $100 million in crypto.

“If you are happy to invest in gold, you can’t really discount bitcoin," says the fund's chief investment officer.

New Zealand dollar reserves backing the stablecoin are to be confirmed by an accounting firm on a quarterly basis.

A BlockchainNZ membership review is reportedly focused on alleged conflict of interest between the Qoin project and related companies.

The hacked wallet belonged to a creditor, U.S. firm Stakenet, which had not lost funds in the 2019 hack, as reported by Stuff.

By Daniel PalmerFeb 20, 2021

The warning comes a day after the regulator's U.K. counterpart, the Financial Conduct Authority, also raised similar concerns.

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