Bitcoin News
By Julie Binoche
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Stablecoins, Sandboxes, and Regulatory Clarity. ACT wants a clear regulatory framework built around stablecoins and tokenized securities — two…
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CARF Bill and the Government's Parallel Move. Separately from ACT's proposal, the New Zealand government has introduced a bill to adopt the…
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New Zealand's ACT Party wants to kill capital gains tax on crypto. Not for everyone — but for ordinary retail investors who hold their digital assets for more than a year, the…
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ACT, a right-wing party holding 11 seats in Parliament, rolled out the proposal on Thursday.
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The proposal goes further than just tax cuts.
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ACT wants a clear regulatory framework built around stablecoins and tokenized securities — two areas where New Zealand currently has murky rules, or none at all.
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Deputy ACT Leader Nicole McKee made the economic case directly. Streamlined rules and less bureaucracy, she said, could unlock New Zealand's digital economy — letting Kiwis…
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The backdrop here matters. New Zealand hasn't exactly been friendly to crypto. The former Governor of the Reserve Bank of New Zealand pushed back hard against stablecoins, and…
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That's a big shift. And it's not guaranteed to stick.
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Related: Community Banker Challenges Blockchain Association Over Clarity Act Stablecoin Rewards
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Separately from ACT's proposal, the New Zealand government has introduced a bill to adopt the OECD's Crypto Asset Reporting Framework, known as CARF.
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ACT's proposal still needs legislative support it doesn't have yet. The party hasn't secured government endorsement, and there's no public consultation process on the record.
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The tokenized securities angle is probably underreported. ACT is calling for legal and tax clarity around tokenized real-world assets — a sector that's been growing fast globally…
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ACT's broader goal seems to be making sure crypto businesses aren't quietly excluded from the financial system by rules that were written before digital assets existed.
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Read also: US Treasury Expands Sanctions, Targets Nobitex and Foscom FZE in Iran Crypto Scheme
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