Tax relief for cryptocurrency holders
What it actually does
ACT's digital economy policy would adjust the retail bright-line test for holding crypto and the de minimis settings for using it in everyday transactions, which it says would give tax relief to 355,000 New Zealanders. It would also improve ministerial coordination across agencies working on the digital economy and seek a regulator-backed example of digital issuance.
Source: act.org.nz · 2026-10
The Trump take
“Crypto! I'm the crypto president, everyone knows it. New Zealand wants to be the crypto capital of the Southern Hemisphere? Great idea, very smart people.”parody
Why it scored this way
Taxes
Lower tax on crypto gains
+1
Likes it
Red tape
Lighter-touch rules for digital assets
+1
Likes it
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