Regulating Cryptocurrencies in New Zealand
Author(s)
Sims, Alexandra
Kariyawasam, Kanchana
Mayes, David
Griffith University Author(s)
Year published
2018
Metadata
Show full item recordAbstract
This report, prepared by a team of legal and banking experts, says our Government should actively support New Zealand becoming a blockchain and financial technology (fintech) hub. It suggests that for New Zealand to enjoy the vast potential benefits from this technology that we need a central bank-issued cryptocurrency, thriving cryptocurrency exchanges and the ability for businesses to trade in a GST-free cryptocurrency. Recommendations for a regulatory framework for blockchain are a key part of this report.This report, prepared by a team of legal and banking experts, says our Government should actively support New Zealand becoming a blockchain and financial technology (fintech) hub. It suggests that for New Zealand to enjoy the vast potential benefits from this technology that we need a central bank-issued cryptocurrency, thriving cryptocurrency exchanges and the ability for businesses to trade in a GST-free cryptocurrency. Recommendations for a regulatory framework for blockchain are a key part of this report.
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Volume
1
Publisher URI
Subject
Applied Economics not elsewhere classified