币界网报道：New Zealand is set to introduce stricter cryptocurrency regulations by 2025, aiming to enhance transparency and combat financial crimes. The government plans to classify crypto assets as financial products, subjecting them to existing securities laws. This move will require exchanges and wallet providers to register with the Financial Markets Authority (FMA) and comply with anti-money laundering (AML) protocols. Officials emphasize the need to balance innovation with investor protection, citing growing risks in the unregulated sector. The phased implementation allows businesses time to adapt while aligning with global regulatory trends. Critics warn the rules may stifle growth, but proponents argue they'll legitimize the industry long-term.