New Zealand Plans to Drop ‘Unfavorable’ Sales Tax Treatment of Cryptocurrencies
New Zealand's Inland Revenue Department is considering how best to change its tax regimen so cryptocurrencies aren't at a disadvantage.
NZX has halted trading for the third day in a row as a result of cybercriminals attempting to extort cryptocurrency.
The bank funds are said to be linked to Russian Alexander Vinnik, who allegedly ran the defunct crypto exchange BTC-e.
As well as making cryptocurrency transactions, the man is alleged to have bought luxury cars and property to launder funds.
A rise in cryptocurrency and coronavirus investment scams has prompted authorities to launch an awareness campaign.
In the fallout from a massive hack of the New Zealand cryptocurrency exchange, users at last have a little good news.