Crypto ATMs Were Just Banned in New Zealand: Here’s Why It Matters

New Zealand just banned all cryptocurrency ATMs nationwide

New Zealand announced a nationwide ban on cryptocurrency ATMs to combat financial crime, a decision led by Associate Justice Minister Nicole McKee and part of broader Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) regime reforms, according to a Cointelegraph report. More than 220 crypto ATMs operated in New Zealand by April 2025, according to the Ministerial Advisory Group on Transnational, Serious and Organised Crime.…

Crypto ATMs were just banned in New Zealand: Here’s why it matters - WorldNL Magazine

Why crypto ATMs were targeted by New Zealand regulators On July 17, 2025, New Zealand’s government made a defining move in its ongoing battle against financial crime: It announced a nationwide ban on cryptocurrency ATMs. The decision, spearheaded by Associate Justice Minister Nicole McKee, is part of a sweeping reform of the country’s Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) regime. Crypto ATMs, kiosks that allow…

New Zealand Bans Crypto ATMs Under Stringent AML Rules

Officials in New Zealand have restricted foreign cash transfers to $5,000 and outlawed cryptocurrency ATMs in an attempt to combat money laundering and organized crime. The steps were revealed by Associate Justice Minister Nicole McKee on Wednesday as part of the government’s effort to revamp its AML/CFT regime, which seeks to combat the financing of terrorism and money laundering. AML Laws Targeting High-risk Crypto Channels Part of the reform …

Crypto ATMs were just banned in New Zealand: Here’s why it matters – MAXBIT

New Zealand’s financial watchdog outlawed crypto ATMs, citing regulatory gaps and AML concerns and raising questions about retail access and compliance. On July 17, 2025, New Zealand’s government made a defining move in its ongoing battle against financial crime: It announced a nationwide ban on cryptocurrency ATMs.  The decision, spearheaded by Associate Justice Minister Nicole...

Crypto ATMs were just banned in New Zealand: Here’s why it matters

New Zealand has banned crypto ATMs as part of a crackdown on unregulated crypto services. Here’s what it means for users, compliance and global policy trends.