New Zealand has completely banned cryptocurrency ATMs and set transfer limits as part of anti-money laundering reforms

By: theblockbeats.news|2025/07/09 14:21:58

0

Share

copy

BlockBeats News, July 9th, according to Decrypt's report, New Zealand has completely banned cryptocurrency ATMs and has set the international cash transfer limit to $5,000 to combat money laundering and crime financing

As part of a large-scale reform aimed at curbing money laundering and illicit fund flows, the New Zealand government announced it will shut down all domestic cryptocurrency ATMs and set a $5,000 limit on international cash transfers.

New Zealand's Assistant Minister of Justice, Nicole McKee, on Wednesday unveiled the government's latest anti-money laundering and counter-terrorism financing regime reform plan in a statement.

-- Price

You may also like

How to Automate Your Workflow with AI (No Code Required)

How to Automate Your Workflow with AI (No Code Required)

Let Perplexity Do the Work for You

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

BTC still needs 6-8 months to reach its bottom.

Is it still worth buying Circle on the callback?

Is it still worth buying Circle on the callback?

Can Circle transform from a "stablecoin company that earns interest" into a global digital dollar infrastructure?

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

This marks a milestone for BIT in optimizing the large-scale fiat onramp channel and enhancing the asset allocation experience for high-net-worth individuals and institutional clients.

Further Oracle Integration Reveals Polymarket's Ambitions

Further Oracle Integration Reveals Polymarket's Ambitions

The expansion of the data source is essentially an expansion of the market radius.

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report

In the first quarter of 2026, the overall cryptocurrency market remained highly active, but trading volume gradually declined from the January peak.

Tiger Research: Analysis of the Current Situation of Retail Investors in Nine Major Asian Markets

Tiger Research: Analysis of the Current Situation of Retail Investors in Nine Major Asian Markets

We analyzed the entry barriers of the largest markets for nine potential user groups in Asia, as well as the responses of exchanges.

Forbes: Does quantum technology threaten the encryption industry? But it is more likely an opportunity

Forbes: Does quantum technology threaten the encryption industry? But it is more likely an opportunity

Quantum computing will not overturn blockchain, but it will force a reconstruction of its security system.

What Is Auto Earn? How To Claim Extra Free Crypto On Auto Earn 2026

What Is Auto Earn? How To Claim Extra Free Crypto On Auto Earn 2026

What is Auto Earn and how do you use it? This guide explains how Auto Earn works and how balance increases and referrals may qualify for extra rewards during Auto Earn Boost Fest.

Auto Earn Compared 2026: Which Exchange Gives The Most Extra Bonus?

Auto Earn Compared 2026: Which Exchange Gives The Most Extra Bonus?

What is Auto Earn in crypto? Compare Kraken, OKX, Bybit, Binance, and WEEX Auto Earn features in 2026 and see which platforms provide additional promotional rewards beyond standard yield mechanisms.

Nearly $300M Targeting U.S. Midterm Elections, Tether Exec Leads Crypto Industry's Second-Largest Political Fund

Nearly $300M Targeting U.S. Midterm Elections, Tether Exec Leads Crypto Industry's Second-Largest Political Fund

In the crucial window of legislative bargaining, using political contributions to advance industry interests.

Anthropic's Triple Moment: Code Leak, Government Standoff, and Weaponization

Anthropic's Triple Moment: Code Leak, Government Standoff, and Weaponization

When AI is both the attacker and the defender, can cybersecurity still hold up?

OpenAI and Anthropic both announced acquisitions on the same day, causing dual IPO anxiety.

OpenAI and Anthropic both announced acquisitions on the same day, causing dual IPO anxiety.

The two companies have a valuation difference of more than two times, but they are vying for the same pool of investors' money.

Forbes: Quantum Technology Threatens the Crypto Industry? But It's More Likely an Opportunity

Forbes: Quantum Technology Threatens the Crypto Industry? But It's More Likely an Opportunity

Quantum computing will not upend blockchain, but it will force its security to be restructured.

Rhythm X Zhihu Hong Kong Event Recruitment Skills, Register Now for a Chance to Showcase Live

Rhythm X Zhihu Hong Kong Event Recruitment Skills, Register Now for a Chance to Showcase Live

On April 21, if you are also in Hong Kong, you will have the opportunity to showcase your skills live.

CLARITY Act 2026 Update: Stablecoin Yield Ban, Senate Compromise, and What It Means for Crypto Markets

CLARITY Act 2026 Update: Stablecoin Yield Ban, Senate Compromise, and What It Means for Crypto Markets

The CLARITY Act may reshape stablecoin yield rules, DeFi incentives, and crypto liquidity in 2026. Learn the latest Senate updates, timeline changes, and what the regulation could mean for crypto traders.

Bitcoin mining companies flee for the Nth time

Bitcoin mining companies flee for the Nth time

When mining no longer generates sufficient economic returns, the rational business decision is naturally to shift resources; however, if this trend continues to spread, the question of who will bear the long-term costs of maintaining the security of the Bitcoin network will become a problem that mus...

Stablecoin mergers: there will be no "winner takes all"

Stablecoin mergers: there will be no "winner takes all"

Dialogue with the founder of Dynamic: See how embedded wallets and stablecoins break down technical barriers, allowing businesses to create a "global version of Venmo" within hours, reshaping the trillion-dollar payment infrastructure.

How to Automate Your Workflow with AI (No Code Required)

Let Perplexity Do the Work for You

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

BTC still needs 6-8 months to reach its bottom.

Is it still worth buying Circle on the callback?

Can Circle transform from a "stablecoin company that earns interest" into a global digital dollar infrastructure?

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

This marks a milestone for BIT in optimizing the large-scale fiat onramp channel and enhancing the asset allocation experience for high-net-worth individuals and institutional clients.

Further Oracle Integration Reveals Polymarket's Ambitions

The expansion of the data source is essentially an expansion of the market radius.

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report

In the first quarter of 2026, the overall cryptocurrency market remained highly active, but trading volume gradually declined from the January peak.

Popular coins

Latest Crypto News

17:42

Bitcoin treasury company Hyperscale Data receives $26.6 million in lawsuit settlement to further improve liquidity

According to PRNewswire, Bitcoin treasury company Hyperscale Data announced that its subsidiary Ault Lending LLC and RiskOn International have received a settlement payment from a lawsuit that lasted several years, totaling approximately $26.6 million. The specific terms of the settlement agreement ...

17:42

Glassnode: Bitcoin whales and sharks had an average daily loss of over 300 million USD in Q1, with a total realized loss of over 30.9 billion USD for the year

Glassnode's on-chain data shows that Bitcoin holders with 100 to 1,000 coins, referred to as "sharks," and those with 1,000 to 10,000 coins, known as "whales," have realized daily losses of approximately $188.5 million and $147.5 million, respectively, totaling about $337 million. The cumulative loc...

17:42

The National Internet Information Office plans to strengthen the management of information services for digital virtual humans

The National Internet Information Office has issued a notice soliciting public opinions on the "Management Measures for Digital Virtual Human Information Services (Draft for Comments)," aiming to strengthen the management of digital virtual human information services.It points out that from the star...

17:42

India purchases Iranian oil for the first time in seven years

The Indian Ministry of Petroleum stated on Saturday that Indian refineries have procured Iranian crude oil amid disruptions in the Strait of Hormuz due to the Middle East conflict. As the world's third-largest oil importer and consumer, India has not received crude oil shipments from Tehran since Ma...

17:42

Data: A certain smart money invested 1 million USDC, going long on Brent crude oil with 20 times leverage

According to Onchain Lens monitoring, after being dormant for 5 months, a certain whale deposited 1 million USDC into HyperLiquid and opened a long position of 20,000 BRENTOIL with 20x leverage.Previously, this whale had already made over 12.44 million dollars.