New Zealand Chooses Targeted Controls for Crypto ATMs - OpenGov Asia

Crypto ATMs To Get Guardrails, Not The Guillotine

“These decisions form part of the Govt’s wider reform of New Zealand’s Anti-Money Laundering & Countering Financing of Terrorism system, aimed at making it easier to do business & harder to commit crime," says Associate Justice Minister Nicole ...

Government backs away from blanket crypto ATM ban

The Government has abandoned plans for a blanket ban on cryptocurrency ATMs, opting instead for a more targeted regulatory approach aimed at preventing criminal misuse while allowing legitimate users continued access to the technology. Associate Justice Minister Nicole McKee said Cabinet had reconsidered its earlier in-principle decision, made in June 2025, to prohibit crypto ATMs following further policy analysis. The review concluded that an o…

New Zealand Chooses Targeted Controls for Crypto ATMs - OpenGov Asia

New Zealand’s Government has decided against introducing a blanket ban on crypto ATMs, opting instead for a regulatory framework aimed at reducing criminal misuse of virtual assets while allowing legitimate use to continue. The decision follows further policy analysis after Cabinet had agreed in principle in June 2025 to prohibit the machines. According to the […]