Tag: New Zealand

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New Zealand Police Seize $4.2 M in Crypto in Movie Piracy Investigation

November 23, 2019

The national police force of New Zealand seize over $4 million in cryptocurrency from Jaron David McIvor, suspected of laundering proceeds from online movie piracy. The national police force of New Zealand have seized between NZ$6.2 and NZ$6.7 million in cryptocurrency from a man who allegedly was involved in online movie piracy in the United…
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Her Majesty the Queen Rules Out Crypto as Currency

November 9, 2019

New U.K. crypto tax policy paper: Crypto is an asset and subject to capital gain tax. Only a few weeks after the United States Internal Revenue Service published new guidance for crypto taxation, the United Kingdom’s tax, payments and customs authority, Her Majesty’s Revenue and Customs, has updated its cryptocurrency taxation policy paper for businesses…
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