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

Morning News | The Hong Kong Securities and Futures Commission announced the regulatory framework for secondary market trading of tokenized investment products; Strategy increased its holdings by 34,164 bitcoins last week; KAIO completed a strategic fi...

Overview of Important Market Events on April 20

What Is an XRP Wallet? The Best Wallets to Store XRP (2026 Updated)

An XRP wallet lets you safely store, send, and receive XRP on the XRP Ledger. Learn what wallets support XRP and discover the best XRP wallets for beginners and long-term holders in 2026.

What are the Top AI Crypto Coins? Render vs. Akash: 5 Gems Solving the 2026 GPU Crisis

What are the best AI crypto coins for the 2026 cycle? Beyond the hype, we analyze top tokens like RNDR, AKT, and FET that provide real-world solutions to the global GPU shortage and the rise of autonomous agents.

What Is a Token in AI? What Is an AI Token + 3 Gems You Can't Miss in 2026

The era of AI hype has transitioned into an era of utility. As we move through Q2 2026, the market is no longer rewarding "narrative-only" projects. At WEEX Research, we are seeing a massive capital rotation into Decentralized Compute (DePIN) and Autonomous Agent coordination layers. This guide analyzes which AI tokens are capturing institutional liquidity and how to spot high-conviction setups in a maturing market.

Consumer-grade Crypto Global Survey: Users, Revenue, and Track Distribution

The number of active users of consumer-grade encryption has long reached tens of millions, but it is not in the sight of Silicon Valley and New York.

Prediction Markets Under Bias

Why do authoritative narratives always exclude prediction markets?

Contents

Popular coins

Latest Crypto News

Read more