I heard about this but @cryptovestor, who I trust, pointed out that the language and tone of the other speakers was, lets say: less balanced.
I think they aren't afraid of crypto... Yet. If they become afraid regulators will begin to give us a much harder time, not that they can stop us but they will make it more difficult where possible.
One thing i heard also was they have a proposed legislation for accounting which would make any capital gains from crypto sales under $600 no taxable.
That would be very logical and crypto friendly, so probably it won't pass...