๐ฐ News12 March 2026ยท2 min readยท
New Zealand Regulator: NZDD Stablecoin Is Not a Financial Product
Source: cointelegraph
New Zealand's Financial Markets Authority (FMA) has determined that the NZDD stablecoin does not qualify as a financial product, providing an important regulatory clarity milestone. Law firm MinterEllisonRuddWatts, acting for the stablecoin's issuer, described the designation as a significant step forward for the sector. The ruling was reported on 12 March 2026.
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