New Zealand will get its crypto-based dollars back early next year, in a move that will likely cause excitement among local cryptocurrency investors and enthusiasts, and incomprehension among the rest of the population
While the results from the review by the Financial Markets Authority (FMA) and the Reserve bank could have been more positive, New Zealand banks have been looking at options to improve customer experience and embrace the fintech community which is great for all Kiwis, FintechNZ general manager James Brown says.
A brother and sister team is behind one of New Zealand’s newest cryptocurrency exchange platforms designed for everyday investors. Alan and Janine Grainger, who are seasoned cryptocurrency investors, came up with the concept after discovering that friends and family were also interested but they simply didn’t know where to begin.
02 Oct: 14;46 |New Zealand’s financial system remains sound and resilient, and the Reserve Bank is undergoing significant innovation to prepare for the future, according to the Bank’s Annual Report 2017-18 released today.