We just saw US tax authorities are planning to actually destroy the privacy of the crypto business. This will affect everyone: cryptocurrency exchanges and wallets, platforms, developers, any decentralized services. This will affect all users, at least US users.
The logic of the SEC is difficult to explain. However, I suspect that there is still no understanding of the essence of crypto business and crypto community, for which privacy and freedom of business are important. Also, this business is mobile and can exist in a cross-border mode.