New Zealand Slow to Adopt Cryptocurrencies

[btc_manager]

Bitcoin reached a new all-time high in June when it inched close to the $3,000 mark after an impressive six-month rally that saw the cryptocurrency triple in value. Unsurprisingly, bitcoin has been all over the media in the past few months as global adoption and the demand is increasing. However, adoption rates are faster in some countries, such as Japan, China, and India than others. One of the countries where bitcoin adoption is slower than expected is New Zealand...

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[mjglqw]

Bitcoin buying options for New Zealanders are effectively limited to peer-to-peer exchanges such as LocalBitcoins and Paxful, where buy prices usually come with a high premium and the country only has a handful of local exchanges, such as NZBCX and Cryptopia.

Unfortunate. But hey, it's not impossible for exchanges to open up in the future. Hopefully one can get passed those pesky banks

I'll take slow adoption than no adoption at all.