Bitcoin

This is part of a growing global wave of tech regulation targeting digital platforms (Australia, now New Zealand). For crypto, it signals a broader trend of governments tightening control over digital spaces, which could eventually extend to exchanges, DeFi, and other crypto-facing services. The internal opposition within the ruling coalition highlights political friction, suggesting such measures are not universally accepted and may face legal or implementation delays.

New Zealand government proposes a bill to ban social media for under-16s, following Australia's lead, but faces opposition from within the ruling coalition.