What do you expect after taxes being provided for cryptocurrency exchanges by USA?
It's actually good when tax is applied to cryptocurrencies just like stocks or other assets.
It means that the government is open to new things.
Instead of banning all crypto, this way is better to benefiting government and crypto owners.
At least we can expect some sort of protection, when exchanges cannot just run away with our money
I agreed with you. Making tax to crypto means they are open about it. Also, it was an extra fund for our government to make things better for us (community). Well, the tax now here in Philippines is not corrupted anymore because of the new administration which they use our tax for make government facilities better.