Not all wallets are however expected to be affected by the possible rule. The new measure might just only extend to custodial wallet providers such as exchanges and web wallets. Non-custodial and official wallets utilized by most crypto projects will not be affected.

So, in a sense, they're after the people who use the big exchanges and webwallets, which are not the big players at all. The little people are again subject and target, because money-laundering and criminal payments are a small fraction of the total of trades. This means, again, that the little people will have no way of saving or investing for their pensions or whatever they wish to do, because the next step is taxation. Also: this is thanks to the old-school banks and being scared to lose.

Tax-evasion and money-laundering happens most in fiat currencies, but then again, they're not after that, because they would hurt themselves and their coffers in a big way. What a sad bunch of assholes.