New Zealand dollar stablecoin goes live through local crypto exchange
A New Zealand dollar-pegged stablecoin has gone live through a partnership with New Zealand crypto exchange Easy Crypto and Australian blockchain development firm Labrys.In a Nov. 22 announcement, Labrys and Easy Crypto said the NZDD will be backed 1:1 with cash in trust and regulated by t ...
Crypto ‘regulatory approach isn’t needed now’ — New Zealand central bank
The New Zealand central bank is ramping up its monitoring of stablecoins and crypto-assets following public submissions but has stopped short of calling for a regulatory approach.Ian Woolford, the Reserve Bank of New Zealand’s director of money and cash, said in a June 30 statement&n ...
Pro-Bitcoin DeSantis tagged over AI-faked photos in Trump smear campaign
Pro-Bitcoin (BTC) presidential bidder Ron DeSantis has been tagged for apparently using artificial intelligence-generated images in an ad campaign smearing rival and former president Donald Trump.It comes amid a rise in AI-generated deep fakes being used in political ads and movements in r ...
Easy Crypto Co-founder Criticizes New Zealand Banks for Intimidating Customers in Cryptocurrency Transactions
Co-founder of the cryptocurrency company Easy Crypto criticized major New Zealand banks for "intimidating customers" who make cryptotransactions. Janine Grainger announced that in the last week alone, three different banks refused Easy Crypto an account to launch the new ...