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

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.

The 2018 selloff in cryptocurrencies deepened, wiping out about US$42 billion (NZ$60 billion) of market value over the weekend and extending this year's slump in Bitcoin to more than 50 percent.

Virtual currency sales ballooned to US$9.1 billion so far this year, exceeding the $6.6 billion total for all of 2017, a financial technology data provider reported on Monday, but it said the monthly trend actually showed a slowdown if the two biggest offerings are excluded.

Christchurch-based BitPrime has signed a partnership with the NEM Foundation. BitPrime will be working with NEM Foundation Australia and New Zealand to provide a secure and compliant platform for New Zealand residents to buy and sell the XEM cryptocurrency with ease. BitPrime is trusted by over 9,000 Kiwis and is New Zealand owned and operated, The cryptocurrency retailer boasts over 50 Cryptocurrencies in their ecosystem.

A Kiwi platform which helps New Zealanders invest in cryptocurrencies is looking for investors of its own as it launches a $1m funding round in Wellington on Wednesday.   Invsta, a product created by online financial services company Ilumony, is taking part in the Kiwibank FinTech Accelerator: the second Kiwibank-sponsored Lightning Lab business accelerator focused on FinTech companies.

Digital currencies feature in an article published today in the Reserve Bank Bulletin that outlines different forms of digital currencies.

New Zealand-based financial services company Ilumony has launched a cryptocurrency portfolio investment platform that is it says is designed to make the cryptocurrency investment accessible to everyone writes Stuart Corner for ComputerWorld.

All appears quiet in the world of crypto.   The roaring optimism we saw last year has died down considerably. With bitcoin falling 50% to US$9,900, the headlines are no longer shouting, ‘It could hit 1 million’. And as for the other all-star coins, well, they haven’t been faring much better either.

Feb 16, 2018  -  Lost in all of the excitement around crypto is the fact that the very foundation of how civilizations organize, cooperate, and grow is being re-established.  Seeing a child come into the world is a pretty profound experience. Only a few moments before, there was no organism. After, there is and that “thing,” that life, has within it the potential to change itself and change the world many times over.