[UK Proposes Strengthened Anti-Money Laundering Regulations for Crypto Firms] The UK Treasury has released a draft amendment to anti-money laundering regulations, proposing stricter oversight of cryptocurrency firms. The new rules include expanding the scope of the 'fit and proper person' test for company controllers and lowering the threshold for notifying changes in control to 10%. The consultation period for the draft ends on September 30, with parliamentary review expected in early 2026.