But wait – there are still no exchanges operating that allow fiat to crypto transfers at a competitive rate.. When is THAT coming??
how will they keep track for taxes?
The NZ government has no say in it.
Why would you get paid in crypto? You cant buy anything with it
this would be a much happier news if it also meant further adoption of blockchain tech and also with it, developing more detailed database partitioning and saving time, security and building a better future. But hey step by step
Very interesting decision. Even more intriguing to check how this will work.
18th century translation: “Masters to allow slaves to trade with gold and silver”
how big of them
“Allow”… as if the NZG has the moral authority to grant you that “right”. What arrogance.
LPT: Don’t get paid in anything other than Bitcoin.
Perfect opportunity for companies to integrate 8Pay for these payments. You can setup recurring payments across a number of ERC20 and stablecoins.
Fun fact: Brenton Tarrant got rich from selling Bitconnect before it exit scammed.
Does it need to be allowed? Was it banned until now?
NZ is one of the few countries with 0% capital gain, so I’m not surprised.
Adoption is coming..
Great, one more step towards full crypto integration around the world.
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