It seems they want to turn law abiding citzens into criminals, because that narrative would more easily fit their agenda.
When in fact they are driving people away to decentralized and P2P crypto transactions.
They cannot stop the tidal wave thats coming.
This will only prevent them from keeping control much longer.
In a way this will speed up the inevitable much faster than the could have anticipated.
Laws are created to control man and intimidate citizens into paying extortionate taxes.
In this case as you have rightfully stated, it just shows how fearful they are of whats to come.
There is huge implications coming for them and us regarding taxation and the grey areas that are obviously appearing.
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I agree, but every single person they drive to defi and P2P transactions in a win for the crypto community.
And another step closer to there downfall Lol