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Coinnounce 2021-01-13 08:01:42

New Zealand’s financial watchdog issues warning against cryptocurrency.

According to an official statement published in the NZ Herald, New Zealand’s financial watchdog is concerned about the latest “rollercoaster move” seen in the bitcoin price. “Cryptocurrencies are not regulated in New Zealand and are often exploited by scammers and hackers,” an FMA spokesman noted. FMA quoted its U.K. counterpart, the Financial Conduct Authority (FCA), as […]

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