New Zealand Invests in Crypto Trading Platform, CEO Says Bitcoin Will Be Worth $600,00015.38

The government of New Zealand has backed a local crypto savings and trading platform with $330,000 to expand its reach.

Vimba, formerly known as MyCryptoSaver, originally founded as MyBitcoinSaver in 2014, is focused on crypto savings with a service that allows users to put their money into Bitcoin in small weekly amounts. Through the government’s innovation arm, Callaghan Innovation, it is backing the Auckland-based startup.

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