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📰 News12 March 2026·2 min read·

New Zealand Regulator Rules NZDD Stablecoin 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 under local regulations. Law firm MinterEllisonRuddWatts, acting for the stablecoin's issuer, described the ruling as an important step toward regulatory clarity for digital assets in New Zealand. The decision could set a precedent for how other stablecoins are classified in the country.

Read full article at cointelegraph →

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