New Zealand has completely banned cryptocurrency ATMs and set a transfer limit in its anti-money laundering reform."
Internet reports, Decrypt reported that New Zealand has completely banned cryptocurrency ATMs and set a cap on international cash transfers to US$5,000. As part of a large-scale reform aimed at curbing money laundering and illegal financial flows, the New Zealand government announced that it will close all cryptocurrency ATMs in the country and set a cap of US$5,000 on international cash transfers. New Zealand Assistant Attorney General Nicole McKee announced the government's latest reform plan for the anti-money laundering and counter-terrorism financing system in a statement on Wednesday.
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