I talk with Rupert Carlyon, Founder and Managing Director of KÅura Wealth KiwiSaver.
KiwiSaver is the voluntary retirement savings scheme for New Zealand and KÅura Wealth offers a Carbon Neutral Crypto Fund KiwiSaver product, which is Bitcoin only.
This is a way for everyday kiwis to get some kind of Bitcoin exposure with government and employer matched contributions and tax benefits.
New Zealand was very late to the game with retirement savings schemes and the impact of this is beginning to be felt with very low savings, and old-age poverty issues.
With all the talk about the Bitcoin ETFs globally, it is interesting to explore how traditional finance in New Zealand interfaces with Bitcoin, and the regulatory challenges they have had to overcome to get this product launched.