Minister for Commerce Urges Supportive Crypto Policy for New Zealand
Wednesday, 10 April 2024, 12:00
New Zealand Crypto Policy Concerns
The Minister for Commerce of New Zealand has raised concerns over the current 'wait and see' approach to regulating the crypto industry. The government inquiry emphasizes the risks of missing out on the benefits of industry developments.
Key Findings
- Risks of Delayed Regulation: Potential loss of opportunities for New Zealand.
- Industry Development: Importance of proactive measures to support growth.
The minister highlights the need for a supportive policy framework to foster innovation and competitiveness in the crypto sector.
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