New Zealand Financial News

22.04 / 13:17

Blockchain Provident SEC Platform Mobile Gemini Bitcoin Crypto Exchange Gemini Ventures Outside the US With Plans for Derivatives Platform

Despite an ongoing legal tussle with US authorities, Winklevoss Twins-owned crypto exchange Gemini has announced the launch of a crypto derivatives platform.

14.04 / 16:45

Ethereum wallet Polygon Apple Uniswap Decentralization Optimism Apple Approves Decentralized Exchange Uniswap iOS Wallet App – Here's How it Works

"This is not a drill," wrote Uniswap Labs, the company behind one of the world's leading decentralized exchanges. "The Uniswap mobile wallet is out of Apple jail and now live in most countries."

12.04 / 05:27

business regulation Cybersecurity Cybercrime Ransomware Cyber Push to ban ransomware payments following Australia's biggest cyber attack

The Australian government is being pushed to ban the payment of cyber ransoms, usually demanded in cryptocurrency, following a local business suffering a mass data breach and subsequent ransom demand.

11.04 / 06:49

COST Goldman Sachs settles swaps business probe after paying $15m

Goldman Sachs agreed 10 April to pay $15m to settle regulatory claims that it obscured the cost of derivatives that clients purchased to bet on or against an index of overseas stocks.

05.04 / 18:23

Stablecoin CBDC Adoption Banks Australian ANZ bank completes Australian CBDC use case for carbon credit trading

Australia and New Zealand Banking Group (ANZ) has completed its use case in the pilot project run by the Reserve Bank of Australia (RBA) and Digital Finance Cooperative Research Centre using central bank digital currency (CBDC). ANZ partnered with Grollo Carbon Ventures (GCV) to trade carbon credits.

05.04 / 07:35

New Zealand Shocks With Big Rate Rise as Some Central Banks Pause

SYDNEY—New Zealand’s central bank announced a further sharp rise in interest rates despite recent indications that activity in the agriculture-rich economy is slowing and could be on the cusp of a recession.

15.03 / 13:15

Blockchain Digital ANZ Cross-border NAB completes cross-border multicurrrency stablecoin pilot

NAB’s Australian stablecoin, AUDN, is fully backed one-for-one with the Australian dollar and managed as a liability of the bank,NAB’s ambition is to enable transactions across seven of the top globally utilised currencies: Australian, New Zealand, Singapore and US dollars, Euro, Yen and Pound Sterling. The Australian bank expects to be supporting select corporate and institutional clients to transact using digital assets by the end of 2023.NAB executive general manager, Markets, Drew Bradford, says: “We are committed to pursuing the right digital asset opportunities with clear customer benefits.

15.03 / 01:13

Stablecoin Adoption National Cross-border National Australia Bank made first-ever cross-border stablecoin transaction

National Australia Bank (NAB) announced March 14 that it had executed the first-ever cross-border stablecoin transfer on a layer 1 public blockchain. The intrabank transfer used the bank’s fully backed AUDN stablecoin tied to the Australian dollar (AUD).

02.03 / 14:47

Digital MasterCard Australia exploring CBDC uses cases, reveals central bank

The Reserve Bank of Australia (RBA) has announced several projects that will develop use cases for the eAUD, the central bank digital currency (CBDC) of Australia, during its testing phase.

02.03 / 01:57

business CBDC Digital Currency Central Bank Australian Australian central bank to launch 'live pilot' of CBDC in coming months

Australia's central bank is set to launch a "live pilot" of a Central Bank Digital Currency (CBDC) "in the coming months," according to a joint statement from the Reserve Bank of Australia (RBA) and Digital Finance CRC (DFCRC), an Australian financial research institute.

28.02 / 01:05

UPS Twitter Cooper Platform Rhythm Bitcoin Music streaming platform Spotify expands its Web3 efforts

The music streaming giant Spotify is increasing its focus on Web3 by conducting trials of token-enabled playlists in a number of important locations.

24.02 / 13:25

Adoption NFT wallet Entertainment Non-fungible tokens Spotify Future Spotify's Latest Experiment: Playlists Unlocked by NFT Holders – The Future of Music Streaming?

Online music streaming giant Spotify is testing a new playlist function made specifically for non-fungible tokens (NFTs) holders.

23.02 / 14:15

Adoption NFT Web3 Spotify testing Spotify started testing Web3 wallets integration

Music streaming platform Spotify expands its Web3 efforts by testing token-enabled playlists in several key markets.

09.02 / 15:17

Adoption NFT Metaverse Here’s a list of countries that love the metaverse the most

A recent analysis of more than a million tweets showed a list of countries that love and hate the metaverse, with Vietnam showing the most love for the concept and Ireland topping the opposite side of the spectrum.

26.01 / 16:41

business Adoption Tether community United Nations Tether moves to combat child abuse content marketplaces

Tether aims to increase visibility and mitigate controls of cryptocurrency payments used in child abuse content marketplaces through a collaboration with INHOPE.

19.01 / 08:39

business Blockchain Stablecoin Adoption Carbon Trading Aussie 'Big 4' bank mints stablecoin for carbon trading and remittances

National Australia Bank (NAB) is set to become the second “Big 4” Australian bank to launch an Australian dollar-pegged stablecoin on the Ethereum network.

13.12 / 00:41

European Parliament Snow London elon Elon Musk has second stab at Twitter Blue paid subscription

Elon Musk once again tried to launch a paid subscription for Twitter on Monday, after a first attempt marred confusion and the influx of fake accounts.

11.12 / 15:41

education Power Ukraine war: Millions without power, 'Merchant of Death' interview, hunt for 'collaborators'

Russia is producing more destructive weapons to counter western countries that support Kyiv, said Dmitry Medvedev on Sunday.

04.12 / 18:47

UPS Strategy A Central Bank That Raised Rates Early Now Talks Up Recession

SYDNEY—New Zealand’s central bank was among the first in the developed world to raise interest rates to restrain a surge in inflation. Fourteen months on and the bank says it is now trying to cause a recession to bring prices under control.

03.12 / 16:57

UPS Strategy A Central Bank That Raised Rates Early Now Talks Up Recession

02.12 / 11:43

Blockchain Adoption Hong Kong working on investor protection regulations, says central bank exec

Central bank governors from around the globe are currently in Thailand to discuss the role of central banks amid evolving financial technology. The conference is jointly hosted by the Bank of Thailand (BOT) and the Bank for International Settlements (BIS).

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