Bitcoin and Cryptocurrency New Zealand Legal?
Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.
Read the interesting Article on stuff.nz:
NZ companies embrace the revolutionary potential of blockchain
Blockchain experts are preparing government agencies and big businesses for what they believe will be one of the most revolutionary technologies of our time.
The technology, which bears resemblance to the file-sharing application Napster, enables people to swap information without an trusted intermediary.
The most high profile example is the bankless and borderless currency Bitcoin, which is based purely on parties agreeing to the value of the coin.
The engine behind Bitcoin is a ledger system called Blockchain. Each time a transaction occurs, a multitude of files or "nodes" throughout the Internet are updated.
Best for Regions in Thailand like:
- Auckland BTC or Ethereum
- Bitcoins in Canterbury
- Greater Wellington Regional Council
- Or for example Waikato
- As well as Bay of Plenty
- Horizons Regional Councils
- Otago Regional Council
So Ethereum and Bitcoins are not illegal in New Zealand check this why
The Article on Wikipedia describes the Bitcoin legal situation very clear. Legal
The Reserve Bank of New Zealand states: "Non-banks do not need our approval for schemes that involve the storage and/or transfer of value (such as ‘bitcoin’) – so long as they do not involve the issuance of physical circulating currency (notes and coins).":New Zealand
The actual Bitcoin Price NZB New Zealand:
[currencyprice currency1="btc" currency2="nzd"]
Attention: There may be price fluctuations when buying. The purchase is NOT carried out by us. Bitcoin trading can involve risks. We take no responsibility for bitcoins / trading.
How to buy crypto Currency like Bitcoin / Ethereum and Litecoin in New Zealand with NZD
So a commond and easy way to get in touch cryptocurrency LTC BTC & ETH based on Blockchain Technology.
Buy BTC Crypto?
So what crypto you want?
Or better buying Ethereum?
A new crypto revolution
Bitcoin is a legal
and recognized currency in Japan
$ 5 billion
Over $ 100 billion
More valuable than gold
Bitcoin exceeds the gold value since 2014