<ul data-eligibleForWebStory="false"><li>New Zealand bans crypto ATMs and caps international cash transfers at $5,000 to combat money laundering.</li><li>Justice Minister Nicole McKee discloses plans for new legislation to empower police and regulators against financial crime in the country.</li><li>The ban on crypto ATMs aims to prevent illicit use of financial systems and halt approximately 220 crypto ATMs in the country.</li><li>New Zealand aims to enhance its financial surveillance capabilities and become a secure region for legitimate crypto trading by enforcing stricter laws.</li></ul>

New Zealand Bans Crypto ATMs to Combat Money Laundering

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