News with the tag "new zealand"

New Zealand is banning crypto ATMs to combat money laundering, as part of broader AML reforms aimed at removing illicit financial networks while maintaining a business-friendly environment.

New Zealand's government plans to ban cryptocurrency ATMs and set a $3,000 limit on international cash transfers as part of an anti-money laundering and counter-terrorism financing overhaul.

New Zealand will ban cryptocurrency ATMs and limit international cash transfers to $5,000 as part of new anti-money laundering reforms aimed at reducing misuse of digital currencies.

New Zealand is banning crypto ATMs to curb illicit cash flows, citing concerns over anonymous transactions and money laundering, with enforcement set for December 2025.