CUR­RENCY EX­CHANGE

North Harbour News - - YOUR LOCAL NEWS -

Bank moves to close cryp­tocur­rency ex­change Cryp­topia’s New Zea­land dol­lar trad­ing ac­counts are bad news for Kiwi in­vestors. The ex­change said its bank had told it it would close the ac­counts for its New Zea­land dol­lar-teth­ered cur­rency (NZDT) on Fe­bru­ary 9. NZDT is used by New Zea­land traders as a way into, and out of, cryp­tocur­ren­cies on Cryp­topia. It rep­re­sents about 2 per cent of the trad­ing on the plat­form. Cryp­topia has stopped ac­cept­ing de­posits into NZDT and cus­tomers who want to with­draw their funds will need to do so by Fe­bru­ary 9, un­less an­other bank­ing so­lu­tion is found within that time.

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