sign up log in
Want to go ad-free? Find out how, here.

Digital currencies such as bitcoin not financial products but still of interest, FMA says

Personal Finance
Digital currencies such as bitcoin not financial products but still of interest, FMA says
<a href="http://www.shutterstock.com/">Image sourced from Shutterstock.com</a>

By Gareth Vaughan

The Financial Markets Authority (FMA) has offered some views on digital currencies such as bitcoin, telling interest.co.nz that although it doesn't recognise them as financial products they are on its radar.

This is a shortened version of this story. The full version was published in our email for paying subscribers. See here for more details and how to subscribe.

We welcome your comments below. If you are not already registered, please register to comment.

Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.