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New Zealand’s Central Bank Does Not Want Crypto Regulations

The Reserve Bank of New Zealand issued a statement today (Friday) to notify its intention to increase the monitoring of stablecoins and crypto assets. However, the central bank does not believe in bringing regulatory oversight to the industry. No Need for Crypto Regulations The regulatory clarification came following public input around the issues and risks of private money on the financial system and monetary sovereignty. “We agree with the balance of submitters that a regulatory approach isn’t... Read More

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Posted: Jun 30 2023, 10:00

Author Name: financemagnates

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