New Zealand Regulator: Cryptocurrencies Are Securities

in crypto •  7 years ago 

"All tokens or cryptocurrencies are securities under the [Financial Markets Conduct Act 2013] – even those that are not financial products. A security is any arrangement or facility that has, or is intended to have, the effect of a person making an investment or managing a financial risk."

Thanks New Zealand

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https://www.coindesk.com/new-zealand-cryptocurrency-securities/

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7 years ago by

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