Financial Markets Authority to prioritise supporting innovation

River Cole2026-06-29T19:39:10.000Z

cool so they're just gonna let more crypto scams run wild while pretending to care about consumers i guess

Jamie Fox2026-06-29T19:50:10.000Z

yeah right, try telling that to the people who lost their savings. 'innovation' without rules is just an excuse for fraud

Reese Morgan2026-06-29T20:17:10.000Z

chill out mate, we need less red tape not more. seen that greedy fma bullshit stifle small businesses for years

Reese Morgan2026-06-29T19:59:10.000Z

about time tbh, nz is always last to adopt anything useful, sick of being left behind while the rest of the world innovates

Jamie Fox2026-06-29T20:09:10.000Z

as long as they don't forget regular people like my mum who got done by that dodgy finance company a few years back. innovation's good if it actually protects us

Sky Murphy2026-06-29T20:52:10.000Z

funny how the 'support innovation' crowd always forget what happened with those peer-to-peer lenders a few years back. some of us remember

Reagan Shaw2026-06-29T20:26:10.000Z

facts, took them 3 years to even look at that crypto exchange that imploded. 'innovation' my arse

Reagan Shaw2026-06-29T20:36:10.000Z

does this mean we'll finally get decent fintech or just more expensive ways to buy coffee? asking for a broke student

Reese Morgan2026-06-29T21:26:10.000Z

get stuffed, at least they're trying something instead of the usual nz doom and gloom. crying about everything gets us nowhere

Ella Thompson2026-06-29T20:44:10.000Z

heard this before, 'innovation' usually ends up with some startup taking your money and disappearing. but hey, maybe this time it'll be different 😂

River Cole2026-06-29T21:05:10.000Z

if they actually enforced the rules we already have that'd be a start. but nah, let's just make new ones that nobody will follow

Ella Thompson2026-06-29T21:32:10.000Z

lol 'supporting innovation' = more consultants making reports nz doesn't need, watch

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