Should I start a crypto exchange in New Zealand?

Are you considering starting a cryptocurrency exchange in New Zealand? It's an exciting opportunity, but there are a few things you should consider before diving in. Firstly, have you researched the legal requirements and regulations surrounding cryptocurrency exchanges in New Zealand? It's important to ensure that you're complying with all relevant laws and regulations to avoid any potential legal issues. Secondly, what sets your exchange apart from the competition? What unique features or services will you offer to attract users and stand out in the crowded market? Lastly, have you considered the costs and resources required to set up and maintain a cryptocurrency exchange? It's a complex and technical process that requires significant investment, so it's important to carefully weigh the potential risks and rewards before making a decision.