New Zealand’s ACT Party has unveiled a policy package titled "Unlocking New Zealand’s Digital Economy," including a proposal to apply a 12-month "bright-line rule" to personal cryptocurrency holdings. Under the plan, gains on crypto assets held for more than one year would be exempt from tax, while short-term trading would still be taxed at rates ranging from 10.5% to 39%.
The party said the proposal is designed to address compliance difficulties created by the current tax framework, which treats cryptocurrency assets as property. The policy package also includes relief for small transactions and a clearer regulatory approach to stablecoins.
According to the report, about 355,000 New Zealanders currently participate in crypto trading. New Zealand is set to hold a general election in November 2026, and CryptoBriefing said no other major political party has yet introduced a comparable policy.
New Zealand’s ACT Party has released a policy package called "Unlocking New Zealand’s Digital Economy," proposing a 12-month "bright-line rule" for personal cryptocurrency assets. Under the proposal, gains on crypto held for more than one year would be exempt from tax, while short-term trades would still be taxed at rates from 10.5% to 39%.
A proposed change to crypto tax treatment
The party said the measure is intended to address compliance problems created by the current tax system, which treats cryptocurrency assets as property. The report said about 355,000 people in New Zealand are currently involved in crypto trading.
Small-transaction relief and stablecoin rules
The policy package also includes relief for small transactions and clearer regulation for stablecoins.
No similar proposal from other major parties
New Zealand is scheduled to hold a general election in November 2026. According to CryptoBriefing, no other major political party has put forward a similar policy so far.
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