NZ Commerce Minister Calls for Digital Asset Regulation Shake-up

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NZ Commerce Minister Calls for Digital Asset Regulation Shake-up

New Zealand’s Commerce Minister, Andrew Bayly, has called for a significant overhaul of the country’s digital asset regulation framework. This move comes amidst concerns over the slow adoption and experimentation rate within the digital asset space in the country. Currently, New Zealand’s approach to digital asset regulation is perceived to be lagging behind, prompting Minister Bayly to highlight the urgent need for reform. The existing “wait an…