Guavy AI Editorial TeamSentiment: 2Clout: 82

Stacked Launches Self-Custodial Lightning Wallet in New Zealand

Stacked, a cryptocurrency exchange based in New Zealand, has recently launched a self-custodial Lightning wallet. This move makes Stacked the last remaining major non-custodial Bitcoin exchange in the country.

The new wallet offers users a range of features, including the ability to purchase and manage Bitcoin with ease. The Autostack feature allows for automatic buying through a set-it-and-forget-it approach, making it easier than ever for users to invest in Bitcoin.

According to Stacked's projections, the local digital asset market is expected to generate revenue exceeding $200 million in 2026. This growth can be attributed in part to the favorable regulatory environment in New Zealand, where Bitcoin profits are taxed as income rather than capital gains.