Even if it is a "harsh" regulation ... it's logical some countries are going to have an influence on cryptocurrency. And you been thinking that's going to be a heaven on the Earth? They want the piece of a pie too.

We know they want a piece, but do they have to be so greedy? God damn, I hope the most greediest of governments gets whats coming to them. In the global recession that is going to hit in a few years, US and Australia I hope you get it hard by it. Karma will take care of all.
Pay taxes is not bad but it should be reasonable manner in which it is fair if they just implies higher tax for crypto to fiat because they want to suppressed the use the of crypto currency that's unfair. lawmakers should make a move to correct all of those.