Draft Crypto Bill under review as concerns loom in Cook Islands

By Losirene Dasalusalu and Talaia Mika of Cook Islands News

Walter Henry, head of the Cook Islands’ Financial Intelligence Unit, has confirmed that a draft of the Cryptocurrency (Ransomware Suppression) Bill 2025 remains under review and has not yet been tabled in Parliament. 25112101

Walter Henry, head of the Cook Islands’ Financial Intelligence Unit, has confirmed that a draft of the Cryptocurrency (Ransomware Suppression) Bill 2025 remains under review and has not yet been tabled in parliament.
Photo: Cook Islands News

A statement from the Cook Islands Chamber of Commerce (CICC) follows the recent report by 1News on confidential documents leaked to the outlet, which claims that the government is considering sweeping powers to seize “tainted” cryptocurrency worldwide.

Walter Henry, head of the Cook Islands’ Financial Intelligence Unit, has confirmed that a draft of the Cryptocurrency (Ransomware Suppression) Bill 2025…

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