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New Zealand FMA launches tokenization consultation to explore regulatory barriers

New Zealand FMA launches tokenization consultation to explore regulatory barriers

金色财经2025/09/05 22:57

Jinse Finance reported that the New Zealand Financial Markets Authority (FMA) has launched a tokenization consultation until the end of October, aiming to clarify whether current regulations are hindering the development of tokenization. This year, the agency has received a large number of inquiries about tokenization, but there have been few implemented projects. The FMA pointed out that tokenization currently tends to favor already regulated institutions, while startups, due to high licensing costs and high entry barriers, may prefer to operate outside regulatory frameworks, which weakens consumer protection. Globally, some startups have also turned to overseas markets with lower regulatory requirements for this reason.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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