Crypto

Regulating Cryptocurrencies in New Zealand

The Law Foundation has published a report (September 2018) called Regulating Cryptocurrencies in New Zealand.  It recommends 

NZ needs to jump on blockchain train – A central bank-issued cryptocurrency, thriving cryptocurrency exchanges and the ability for businesses to trade in GST-free cryptocurrency are needed if Aotearoa New Zealand is to enjoy the vast potential benefits from this technology 

Cryptocurrencies and taxing the leading edge of change

Cryptocurrencies and taxing the leading edge of change

We’re going to hear a lot more about cryptocurrencies and blockchain technology as they move (very rapidly) into the mainstream. As Professor Alex Sims pointed out recently regulators are struggling to keep up with both the pace of change and the likely implications.