New Zealand's Parliamentary Report Advocates Measured Approach to Digital Asset Regulation

New Zealand's Parliamentary Report Advocates Measured Approach to Digital Asset Regulation



An independent review presented to a parliamentary committee encourages the government to nurture the growth of digital asset tech and oversee it in a collaborative manner. As global demand for crypto regulation intensifies and enforcement-based regulation stirs debate, a study for the New Zealand Parliament advises a measured, flexible approach. This 2021 research, titled “Inquiry into the current and future nature, impact, and risks of cryptocurrencies,” was initiated by the New Zealand House of Representatives Finance and Expenditure Committee.



The report, co-authored by a legal partner from MinterEllisonRuddWatts and a commercial law associate professor from the University of Auckland, spans 99 pages. After analyzing public feedback, it provided 22 recommendations. The study expressed a positive stance on digital assets and the o


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