Sort of. It seems like a perfect storm.....Libra, the massive hype around Bitcoin/crypto, the FATF travel rule. Each bubble always triggers new Congressional hearings, talk of new crypto regulations, etc. The FATF was talking about clamping down on exchanges many months (or even years) ago, long before rumors about Libra even emerged.

Now, between the recent hype around Bitcoin/crypto and Facebook's billion-strong network, there conveniently exists an "urgent need" to pass the FATF's rules.