NEW ZEALAND
North Island
Auckland
New Zealand
Wellington
Law and Practice Contributed by: James Cochrane, Andrew Comer, Carlo Wan and Graeme Crombie Lane Neave
South Island
Contents 1. Overview of Blockchain and Crypto-Assets p.411 1.1 Blockchain p.411 1.2 Crypto-Assets p.417 2. Regulation p.419 2.1 Regulators and International Alignment p.419 2.2 Crypto-Asset Regulatory Frameworks p.420 2.3 Regulated Firms and Legal Wrappers p.421 2.4 Token Issuance p.422 2.5 Market Abuse p.422 2.6 Non-Compliance p.422 3. Licensing and Set-Up Requirements p.423
3.1 Licensing Requirements p.423 3.2 Set-Up Requirements p.423 3.3 Change of Control p.423 3.4 Passporting p.423 4. Cross-Border Services p.423 4.1 Marketing p.423 4.2 White Labelling p.425 5. Decentralised Finance p.425 5.1 Ability to Use DeFi p.425 5.2 DeFi Structures p.426 5.3 Liability p.426 6. Payments and Stablecoins p.427
6.1 Payments p.427 6.2 Stablecoins p.427 7. Tokenisation and Real-World Assets p.428 7.1 Treatment p.428
409 CHAMBERS.COM
Powered by FlippingBook