November 14, 2024

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Crypto ‘regulatory approach isn’t needed now’ — New Zealand central bank

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Crypto ‘regulatory approach isn’t needed now’ — New Zealand central bank

The New Zealand central bank is ramping up its monitoring of stablecoins and crypto-assets following public submissions but has stopped short of calling for a regulatory approach.

Ian Woolford, the Reserve Bank of New Zealand’s director of money and cash, said in a June 30