Podcast
Compliance Champions

Inside New Zealand’s Crypto Regulatory Playbook (FMA Insights)

Delphine Forma
Head of Policy, Europe
,
Solidus Labs
Alan Crofts
Fintech and Innovation Lead
,
New Zealand Financial Markets Authority
Sarah Davidson
Manager, Legal
,
New Zealand Financial Markets Authority
Nelson Curry
Principal Adviser, Regulatory Policy
,
New Zealand Financial Markets Authority

Join Delphine Forma, Head of Policy Europe at Solidus Labs, as she sits down with Alan Crofts, Sarah Davidson, and Nelson Curry from the New Zealand Financial Markets Authority.

They unpack how New Zealand regulates digital assets—from defining financial services and stablecoins to tackling scams, custody risks, DeFi, and market abuse. A practical, regulator-led deep dive into compliance expectations, enforcement trends, and what’s next for crypto oversight.

They discuss:

  • FMA's Consumer-Focused Regulation: FMA emphasizes fair markets and consumer protection, using existing law for various technology platforms.
  • Digital Asset Regulatory Scope: Digital assets like tokens and custody services require varied levels of compliance, balancing innovation with investor safety.
  • Tokenization Opportunities: New Zealand targets tokenizing real assets to boost market efficiency, inspired by international initiatives like Australia’s Project Acacia.
  • Payment Services Licensing Innovations: The introduction of an “on-ramp license” simplifies market entry for small fintech firms and encourages innovation.
  • Consumer Protection Efforts: Strong fair dealing rules are in place to prevent misleading promotions and educate consumers about crypto risks.
  • Rapid Tech Change Challenges: The FMA faces difficulties adapting existing laws to the fast-paced innovations in digital assets and blockchain technology.

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