Earlier this month, New Zealand banned cryptocurrency ATMs. The move underscores a growing international trend: regulators are increasingly scrutinizing the cash-to-crypto pipeline, viewing it as a significant vulnerability for illicit finance. While the ban has sparked debate within the crypto community, it also offers a valuable case study in how jurisdictions are grappling with the intersection of digital assets and financial regulation. On July 16, 2025, David Zaslowsky published an article in the New York Law Journal that looked in depth at the New Zealand law and compared it what is happening in other countries. The article also looked at the legal and policy implications of regulating cryptocurrency ATMs. Click here for the article.
New Zealand Bans Crypto ATMs: What Are Other Countries Doing?
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David Zaslowsky is partner in the Litigation Department of Baker McKenzie's New York office. He helps companies solve complex commercial disputes in arbitration and litigation, especially those involving cross-border issues and Section 1782 discovery. David has a degree in computer science and, as a result, has worked on numerous technical-related disputes, including, most recently, those involving blockchain and artificial intelligence. In April 2025, Attorney Intel named David one of the top 25 blockchain lawyers in the country. He is the editor of the Firm's blockchain blog and co-editor of the firm's International Litigation & Arbitration Newsletter. David has been included for a number of years in the Chambers USA Guide and Chambers Global Guide for his expertise in international arbitration. He also sits as an arbitrator and is on the roster of arbitrators for a number of arbitral institutions. David sits on the Board and chairs the governance committee of the New York International Arbitration Center, and is a founding member of the International Arbitration Club of New York. For over 35 years, he has written and spoken often on the subjects of arbitration and international litigation.