That's not what the article is about, it says crypto companies must disclose changes in their ownership structure above 10%.
You are right that non of these control measures have anything to do with aml, it is so they can enforce taxes more easily. Same with ebay, Etsy, wix etc all having to spy on customers and report sales to government
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Yes, the threshold is for firms’ ownership/control changes above 10%. But the wider issue remains: lowering the bar drags more firms and their shareholders into disclosure regimes …framed as AML, but in reality just expanding surveillance.
Quite a large context drop to say 'people' when the proposed laws are for firms and those particular laws do not increase disclosure for customers which is already at 100% if they use a kycd service